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1776 and the Economics of Government


Abstract: This analysis traces the evolution of theory on government’s role in the economy over the past 250 years, from Adam Smith to Alfred Marshall to Paul Samuelson.

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File(s): File format is text/html https://www.stlouisfed.org/on-the-economy/2026/may/1776-economics-government
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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2026-05-19