Article: Exposing the invisible hand: the roots of laissez-faire's hidden influence *.

I love my country, it's the government I'm afraid of--Bumper sticker

Introduction

In his closing remarks at the third and final 2000 presidential debate, George W. Bush proclaimed, "I trust people, I don't trust the federal government." Putting aside the more obvious problems with such a statement (Does he trust snake oil salesmen? Who, precisely, does he presume runs the federal government?), we can safely say that it captures well a certain American ethos. U.S. politics has traditionally reflected both a distrust of government and a faith in the benign nature of power stemming from the private sector. (1) Of course, neither conviction was born in, nor ...

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