POL S 101 Lecture Notes - Lecture 2: Classical Liberalism, Fiscal Policy, Mercantilism

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8 Sep 2017
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Idealis(cid:373) = (cid:449)hat (cid:449)e"d like to do. Realism = what we have to do or what is possible. Ex. (ideal) freedom of speech (real) not really allowed to say anything. Allegory: a story to teach a lesson. Imperfect senses: perfect forms, only philosophers can see the forms, we should do what we do best. People should just do (cid:449)hat they"re good at. Philosophers are the o(cid:374)ly o(cid:374)es (cid:449)ho should (cid:271)e i(cid:374) (cid:272)harge (cid:271)e(cid:272)ause they (cid:272)a(cid:374) see (cid:862)the perfe(cid:272)t for(cid:373)s. (cid:863) A body of work aimed at organizing and direction goal-oriented action. Ideology is much more simple and easier to understand. Ideology: a system of ideas and ideals, especially one that forms the basis of economic or political theory and policy. Theory: a supposition or a system of ideas intended to explain something, especially one based on general principles independent of the thing to be explained. Critique of mercantilism: believes that a country is as rich as its king has gold.

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