Documents From and On Economic Thought by Warren Samuels

By Warren Samuels

This quantity publishes a wide selection of records. incorporated are Notes taken through Henry R. Seager in 1890; Robert Hoxie's Introductory Lecture at the nature of the background of political economic climate (1916) coupled with an online dialogue at the heritage of monetary concept because the heritage of errors (2005); legislations university pupil papers on John R. Commons' paintings on legislation and economics (1926); Edwin R. A. Seligman's Autobiography (1929); Glenn Johnson's notes on Frank H. Knight's collage of Chicago direction on financial concept (1947) and records referring to Johnson's Michigan nation college path on method (1947); and the the belief of notes from Edwin E. Witte's collage of Wisconsin direction on executive and exertions (1955).

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Montesquieu’s theory is rather a division of organs with corresponding functions than a division of powers. It is a theory of an actual basis upon an abstract division of functions. Read Federalist no. 47 (Madison). Poore’s charters and constitutions, II vol. p. , 1st ed. 1877, 2nd. ed. : Government Printing Office]. ’’ Locke spoke of a 4th power which he called the federative power which was the power of dealing with foreign powers. The term execution implies that the administrative organs of the government are simply agents of the legislative branch.

See Deutsche zeit und streit-fragen, zu. 110 and 111. ½The source of the following notes also is unknown:Š I. Essential principles of administration Administration is not as dry and uninteresting a topic as one might think. Administration is the continuous and systematic carrying out in practice of all the tasks which devolve upon the state. And these tasks the state has had laid upon it by reasons of its history through law which is the product of what it has learned regarding liberty and authority regarding right and obligation.

We begin with Frederick the Great. He did not have any logical conception of the division of power. Before him Prussia had a general war department and finance department. At the time of Stein administrative system was two-fold, one branch divided territorial[ly] and the other logical[ly]. General Conclusion: The object sought is not the effectuation of a system of mechanical or otherwise artificial checks and balances, but simply to effect an organic differentiation. XVIII. ‘‘With its accompanying differences of vitality and accession of urgency, no part being ever worked but each part being elected and instructed by reason of specialization, each part coordinated with and assisted by all the others, each part an organ not to serve a separate interest but to serve the whole.

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