"One of the most remarkable changes was the extent to which indifference had come to prevail in matters of religious opinion. With regard to freedom of action, there would have been a stronger objection then than there was now in allowing the great majority of persons engaged in any particular trade to coerce the minority into their wishes. On the question of non-interference, he pointed out that the difficulties of laissez faire were now far more generally recognized than they were 40 or 50 years ago. For one reason or another there was now far less disposition to accept the doctrines of laissez faire than there was then, and they played a much smaller part in the ideal we formed of what was good for a nation."
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"The importance of international trade for economic development cannot be overemphasized. But free trade is not the best path to economic development. Trade helps economic development only when the cou…"
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