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by Javantea — Oct 2, 2012


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His financial policies, based on the notion of balanced budgets, low taxes and laissez-faire, were suited to a developing capitalist society but could not respond effectively as economic and social conditions changed.

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His financial policies, based on the notion of balanced budgets, low taxes and laissez-faire, were suited to a developing capitalist society but could not respond effectively as economic and social conditions changed.

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