Chapter 18: Economic Philosophies
The economics of the democrats, welfare statists, and most moderate
What is Keynesianism
Their policies are are willing to enact higher taxes, more controls, or whatever else needed to fight poverty
What are liberals or leftist
Credited as the founder of the philosophy of communism
Who is Karl Marx
Rules for human conduct which are enforced by violence or threats of violence
What is law
A utopia, where all live according to his ability , according to his needs.
What is communism
The economics of the far right/fascists
What is none or do whatever appears necessary
What ideology is pro-union?
What is liberals or leftists
One of the founding fathers of the United States who strongly suggested our country to stay out of foreign political affairs in his farewell address
Who is George Washington
Permission to do as you please
What is freedom
The political philosophy that there is no philosophy at all. Do whatever appears necessary.
What is fascism
The economics of the conservatives
What is monetarism
After 9-11, this was passed that allowed the government to intrude on American's privacy more, including accessing internet records and wire tapping
What is the Patriot Act
The founder of facism
No one
It is protection of your God given rights (not the same as freedom)
What is liberty
Everyone and everyone is progressively owned and controlled by government agendas.
What is socialism
The economics of the juris naturalists
What is Austrian economics
They are less likely to interfere with your work, business, or investments. However they will interfere with your privacy in order to control your behavior, including your financial privacy.
What are conservatives.
This founding father wrote the Declaration of Independence
Who is Thomas Jefferson
A law higher than any human law
What is higher law
Free markets and free trade
What îș capitalism
What does laissez nous faire mean?
What is leave us alone
They want protection and privacy for economic and social matters. They hate taxes, controls, welfare, etc. Keep your agreements and don't encroach on other people or their property, and you won't need the force of law.
What is juris naturalist.
Finish this founding document's missing words:
...all men are created ______, that they are endowed, by their _______, with certain _________ _______, that among these are ______, ______, and the pursuit of happiness
all men are created equal, that they are endowed, by their Creator, with certain unalienable rights, that among these are life, liberty, and the pursuit of happiness,
To intrude on, or damage, the life, liberty or property of someone who has not harmed anyone. To trespass.
What is encroach
The belief that there is a natural law that determines the results of human conduct and this law is higher than any government's law
What is juris naturalism