Skip to main content Accessibility help
×
Hostname: page-component-586b7cd67f-t7fkt Total loading time: 0 Render date: 2024-11-25T21:15:55.974Z Has data issue: false hasContentIssue false

6 - Beginning of Changes in the Activities of Governments

from Part I - The Period until the Great Depression

Published online by Cambridge University Press:  07 December 2023

Vito Tanzi
Affiliation:
International Institute of Public Finance (IIPF), Germany
Get access

Summary

The Industrial revolution was producing many new and cheaper goods. The Bismarck’s reforms spread and started to impact other countries. Tax levels started to rise. Adolf Wagner’s writing was having some impact on economists and policymakers. The Papal Encyclical Letter, Rerum Novarum, that called for better treatment of workers, while accepting that incomes could not be equal in a marker economy, also had some impact. These and other developments started to change the world that had existed in the nineteenth century, leading to policy changes, such as control of monopolies, more use of income taxes, more controls of money supply, and some creation of basic safety nets. The United States had become much more important by this time and it would play a growing role in the world. Governments would play larger economic roles in the twentieth century.

Type
Chapter
Information
Monitoring the State or the Market
From Laissez Faire to Market Fundamentalism
, pp. 34 - 40
Publisher: Cambridge University Press
Print publication year: 2023

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×