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Natural law as inspiration to Adolph Wagner's theory of public intervention

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  • Daniele Corado
  • Stefano Solari

Abstract

Adolph Wagner is best known for his principle regarding the increase of state intervention into the economy. Such a principle is characterised by an 'ethical economy' perspective, incorporating some original ideas based on the relationship between the law and political economy. Wagner's theory sought to legitimise state intervention and progressive taxation by referring to both a broad Aristotelianism and a specific philosophy of law derived from Krausian natural law. This paper analyses and compares how this idea of the law affects Wagner's theorisation of state-economy interaction and his insights into public economics.

Suggested Citation

  • Daniele Corado & Stefano Solari, 2010. "Natural law as inspiration to Adolph Wagner's theory of public intervention," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 17(4), pages 865-879.
    • Handle: RePEc:taf:eujhet:v:17:y:2010:i:4:p:865-879
    DOI: 10.1080/09672567.2010.511871
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    References listed on IDEAS

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    1. Dluhosch Barbara & Zimmermann Klaus W., 2009. "Adolph Wagner und sein „Gesetz": Einige späte Anmerkungen," Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, De Gruyter, vol. 50(1), pages 209-226, June.
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    Cited by:

    1. Suzana Balaban & Dejan Živkov, 2021. "Validity of Wagner’s Law in Transition Economies: A Multivariate Approach," Hacienda Pública Española / Review of Public Economics, IEF, vol. 236(1), pages 105-131, March.

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