When laissez-faire economists believe in God, they are usually certain that he is one of them. The invisible hand of the market is, they think, also the hand of Divine Providence, which anoints and protects those who manage to provide for themselves.
In 1835, the American economist Henry Carey complained that Britain and France, in restricting trade between themselves, were “doing all in their power to frustrate the designs of the Deity...
The remainder of this article is only available to paid subscribers.
Print subscribers to Commonweal are entitled to free access to all premium online content. Click here to purchase a print subscription, or if you’re already a print subscriber, register now for premium access.
Online-only subscriptions provide access to all premium online articles for just $34/year or $2.95/month. Click here to subscribe.