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  The most important idea of the nineteenth century in Britain was that everyone had the right to personal freedom, and this became the basis of capitalism. This idea, which had originated with Adam Smith in the eighteenth century, spread widely due to the popularity of his book The Wealth of Nations. After Adam Smith, several capitalist economists argued that the government should not interfere in trade and industry at all. Fewer laws, they claimed, meant more freedom, and freedom [...]

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