Controversies Regarding the Economic Part Played by the State in Economy

One of the important matters of the economic theory and practice is the relation between the state and the economy. For more than 200 years, the economic thought has been dominated by controversies regarding the economic part played by the State. There have been created many theories. Taking as a st...

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Bibliographic Details
Main Authors: Tiberiu Cristian Avrămescu, Emilia Ungureanu
Format: Article
Language:English
Published: General Association of Economists from Romania 2009-04-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/381.pdf
Description
Summary:One of the important matters of the economic theory and practice is the relation between the state and the economy. For more than 200 years, the economic thought has been dominated by controversies regarding the economic part played by the State. There have been created many theories. Taking as a starting point the economic and social realities, the supporters of various trends have tried to find arguments in favor of or against the involvement of the State in economy, to justify the cases in which it is necessary for the Sate to intervene in economy or to suggest that the State should not intervene in economy.
ISSN:1841-8678
1844-0029