ABSTRACT OF PAPER
Title: Carl Ballod (Atlanticus) and his „Ein Blick in den Zukunftsstaat” from a Contemporary Point of View
Author: BRIVERS Ivars
The famous Latvian economist Karlis Balodis was born in 1864 in a small Latvian village Koknese. In 1884 he started his studies in Tartu University in a Faculty of Theology, which he finished in 1887. In 1895 Balodis went to Germany, to continue his studies in statistics and economics in the Universities of Munich and Berlin. The most famous work of Karlis Balodis is „Ein Blick in den Zukunftsstaat”, which first was published in 1898 under the pseudonym Atlanticus. As a statistician Balodis considered, that the main goal of economy is to satisfy the basic needs of people, which can not be identified with wants of people. These needs can be calculated statistically. The economy of a country shall consist of two institutional sectors – public sector, which is not driven by the market forces, but acts as in the planned economy. The other – private sector deals with the wants of people, and is driven by the market forces. Ideas of Balodis may seem naïve from the contemporary point of view. Nevertheless the ideas of sustainable development, where it is important to limit unreasonable consumption, in some degree correspond with the ideas of Karlis Balodis.
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