Economics 1776 Lecture Notes - Lecture 13: Predestination, Communitarianism, Puritans
Economic issues for US: westward expansion, market commerce, internal
infrastructure, role of public debt, banking, tariffs, slavery
-not interested in foreign conquest or empire, few established monopolies
balance between Elite and Popular thinking in terms of weight, import?
Daneil Raymond –Elements of Political Economy
Predestinarian
First American treatise on political economy, sought economic model rooted in
puritan beliefs
Communitarian
Excessive inequality morally bad
Raymond in favor of industrial development and tariffs and mono[olies to that
end, public works and public debt
Oppoesd to slavery
Labor central (believes man has always sought to avoid labor, only labor out of
necessity)
John Wintrhop –Lawyer, landowner in England
-chosen as intial governor of MA bay colony, reelected 11 times
-A Model of Christian Charity
-A Model of Christian Charity
Predestinarianism extended to secular sphere: inequality naturally intended by
God, not a reflection of merit
Communitarianism: public help prioritized over individual stinginess
10/23/17
Tuesday,) October) 24,)2017
8:54)PM
Document Summary
Economic issues for us: westward expansion, market commerce, internal infrastructure, role of public debt, banking, tariffs, slavery. First american treatise on political economy, sought economic model rooted in puritan beliefs. Raymond in favor of industrial development and tariffs and mono[olies to that end, public works and public debt. Labor central (believes man has always sought to avoid labor, only labor out of necessity) Chosen as intial governor of ma bay colony, reelected 11 times. Predestinarianism extended to secular sphere: inequality naturally intended by.