Abstract
The objective of this chapter is to answer the question, ‘What are the most fundamental things that can be said about the economic role of government?’ The question should be understood, first, to ask what can be said of government at the truly most fundamental level and, second, to require a positive, non-normative answer. The chapter constitutes a precis, as it were, of my answer. The answer is subjective, but it is intended to be non-normative.
Originally published in Journal of Economic Issues, vol. 23 (June 1989) and Fundamentals of the Economic Role of Government (Westport: Greenwood Press, 1989).
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References
Samuels, Warren J. (1988) ‘An Essay on the Nature and Significance of the Normative Nature of Economics’, Journal of Post Keynesian Economics 10 (Spring) pp. 347–54.
Samuels, Warren J. (1987) The Idea of the Corporation as a Person: On the Normative Significance of Judicial Language’, in Warren J. Samuels and Arthur S. Miller (eds), Corporations and Society: Power and Responsibility (Westport, Conn.: Greenwood Press) pp. 113–29.
Samuels, Warren J. (1974) Pareto on Policy (New York: Elsevier).
Samuels, Warren J. and Nicholas Mercuro (1979) ‘The Role and Resolution of the Compensation Principle in Society: Part One — The Role’, Research in Law and Economics 1, pp. 157–94.
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© 1992 Warren J. Samuels
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Samuels, W.J. (1992). Some Fundamentals of the Economic Role of Government. In: Essays on the Economic Role of Government. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-12374-2_4
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DOI: https://doi.org/10.1007/978-1-349-12374-2_4
Publisher Name: Palgrave Macmillan, London
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