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- Title
An Innovation Overlooked, yet Vital: The Institutional Arrangements of Democracy in Thought and Practice.
- Authors
Raadschelders, Jos C. N.
- Abstract
In the course of the eighteenth century, several scholars and social commentators wrote that the state and its government should also take responsibility to help those in need, the orphaned children, the sick and the handicapped, and the elderly - among them the German scholar of Kameralistik Christian von Wolf, the Scottish scholar and economist Adam Smith, and the French aristocrat, philosopher and mathematician Nicolas de Condorcet. Historical Roots of Krugman's Ideas Paul Krugman writes about a society where government looks after those who cannot take care of themselves. It was government policy and intervention, operating upon the ideas of Serra, Von Wolf, Smith, Condorcet, and Keynes. In my view, the macro-economists walk in the shoes of Adam Smith and of John Maynard Keynes, the English economist who advocated extensive government intervention, through employment programs and fiscal incentives for business, as the way to get out of a severe depression.
- Subjects
DEMOCRACY; COMPARATIVE government; PUBLIC administration; POLITICAL science; ORPHANS
- Publication
Innovation Journal, 2021, Vol 26, Issue 1, p1
- ISSN
1715-3816
- Publication type
Article