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Uses and abuses of political economy in Portuguese parliamentary debates (1850-1910)

Author

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  • Carlos Bastien

    (GHES-ISEG - Technical University of Lisbon)

  • José Luís Cardoso

    (ICS - University of Lisbon)

Abstract

This article discusses the use made of political economy in Portuguese parliamentary debates throughout the second half of the nineteenth century. This case-study highlights the popularization of political economy in the discussion of economic and financial policies, concerning issues such as the implementation of transport systems, the reform of the fiscal system, the nature of monetary regimes and financial crises, the control of public debt, the emergence of social problems, the allocation of colonial resources or the choice between free trade and protectionist policies. Political economy played an important role, providing persuasive arguments to justify certain policy options. However, the very same arguments also proved themselves as rhetoric abuses, given the propensity of the members of the Parliament to quote economic writers without a thorough knowledge of their work.

Suggested Citation

  • Carlos Bastien & José Luís Cardoso, 2009. "Uses and abuses of political economy in Portuguese parliamentary debates (1850-1910)," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 17(3), pages 41-57.
  • Handle: RePEc:hid:journl:v:17:y:2009:3:2:p:41-57
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    Cited by:

    1. Javier San Julian Arrupe (Universitat de Barcelona), 2012. "Economic ideas and tax policy: The introduction of progressivity in tax systems in Western Europe. The cases of France and Spain," Working Papers in Economics 285, Universitat de Barcelona. Espai de Recerca en Economia.

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