Examlex
(CMA adapted, Jun 90 #20) Regarding the data for Ramer Company and Matson Company, the attitudes of both Ramer and Matson concerning risk are best explained by the
Road To Serfdom
A book by Friedrich Hayek, published in 1944, warning of the potential dangers of government control leading to totalitarianism, arguing for the preservation of individual freedoms.
Laissez-Faire Economics
An economic philosophy of free-market capitalism that opposes government intervention.
Austrian-Born Economist
Refers to economists originating from Austria, particularly those associated with the Austrian School of Economics, known for emphasizing the importance of individual choice and spontaneous order in the economy.
Nazi Germany
The regime led by Adolf Hitler and the National Socialist German Workers' Party from 1933 to 1945, characterized by its totalitarian government and pursuit of aggressive expansion.
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