Traditional and Modern Aspects in Ion Ghica's Economic Writings

Abstract

Ion Ghica (Bucharest, August 12, 1816 - Ghergani, May 7, 1897) was a Romanian engineer, writer and politician. He was among the first to try to adapt the ideas of the liberal economic school to the realities that existed in our country back then. He actively fought for the development of the national economy through increasing production in quantity and quality and through building railways. The purpose of this paper is to emphasize not only Ghica’s contributions to adapting classical liberal economic ideas to the Romanian socio-economic conditions in those times but also the specific elements of his economic thinking.

Keywords

• labor
• economic liberalism
• economic development
• associationism