Exploring the Origins of Modern Public Finance
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Questions and Answers

Which country is the birthplace of Cameralism?

  • Italy
  • England
  • France
  • Germany (correct)
  • Which study addressed issues about administration and management of territories governed by feudal lords?

  • Cameralism (correct)
  • Mercantilism
  • Economics
  • Public Finance
  • What are the keywords that represent the spirit of Cameralism?

  • Sustainability and conservation
  • Free trade and innovation
  • Equality and justice
  • Wealth and military strength (correct)
  • What is the relationship between Cameralism and economics?

    <p>Cameralism predates economics</p> Signup and view all the answers

    What were the main concerns of Cameralism?

    <p>Development of the lord's state</p> Signup and view all the answers

    Which field of economics established public finance as an application area?

    <p>R. Musgrave</p> Signup and view all the answers

    Which researchers developed a more rigorous mathematical approach to public finance?

    <p>M.Feldstein, A.Atkinson and J.Stiglitz</p> Signup and view all the answers

    Which field of economics established public economics as a related research field?

    <p>M.Feldstein, A.Atkinson and J.Stiglitz</p> Signup and view all the answers

    What is the difference between public finance and public economics?

    <p>Public finance covers more institutional issues and public economics more theoretical ones</p> Signup and view all the answers

    When was public economics established as a related research field?

    <p>1970’s</p> Signup and view all the answers

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