Mahmoud Mohieldin

Professor of Economics

R. M. Hartwel (1989):


“If as in the 18th century, the existing mercantilist economy seemed to be
inefficient, then the prevalent mood was for greater freedom. If as in the late
19th century, the existing liberal economy was perceived not to have solved the problems of poverty and insecurity, then the mood was for intervention. If as today, the interventionist economy is perceived as having failed and  governments having grown too large, then the mood is for liberalism. "