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Is active state intervention a necessary condition for economic success?

Updated: Sep 2, 2020

By Haris Seedat - Economics Student @ Pembroke College, Cambridge


This essay will discuss the role of the state in achieving economic targets such as growth, income equality or stability. There exists a large amount of historical evidence to draw from on the diverse approaches states have had to these targets and their effects. I will first consider how necessary state intervention is in achieving the goals, then I will argue that it