Class Notes (834,183)
Canada (508,400)
POLI 243 (112)
Mark Brawley (109)

Poli 243 Jan 11 Notes.doc

2 Pages
Unlock Document

Political Science
POLI 243
Mark Brawley

Poli 243 January 11 thLecture Notes Assumingrationalaction -Actions are purposive -Actors have perfect information -Actors know their preferences and can rank them when can change from a single individual racking preferences and making decisions for us. But when a group is know responsible for the actions, preferences change to accommodate everyone. -Actors know all possible options, including the consequences of each -Actors calculated the costs and benefits associated with each option. When you stop assuming that actors behave rationally, you can make predictions and prescriptions. Liberalism’s Origins -Critics of mercantilism in the late eighteen century Started putting taxes, tariffs. Monarch were concerned with raising money for their militaries, in order to pay soldiers to fight for their country. People would not voluntarily go to war. -Adam Smith writes “The Wealth of Nations” formal arguments made by David Ricardo States that the government is going up taxing people wrong, and the definition of wealth is wrong. The definition people used was based on gold and silver. Smith stated that wealth is what your society consumes, goods and services. It about what you can produce and engage in trade and this will make your society wealthier. You must people control and choice over their own lives. Not only economic, but political aspects of wealth.David Ricardo, -Britain adopts classical liberal policies in
More Less

Related notes for POLI 243

Log In


Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.