Aleksa Spasić (1831 - 1920) was a Serbian economist and minister.

Biography

Aleksa Spasić was Minister of Finance from 1883 to 1884, deputy minister of the national economy, first governor of the

National Bank of Serbia The National Bank of Serbia ( sr, Народна банка Србије, Narodna banka Srbije) is the central bank of Serbia. Founded in 1884, the responsibilities of the bank are: monetary policy, sole issuer of Serbian banknotes and coins, p ...

(1884), director of the Board of Funds, member of the Serbian Learned Society, and an honorary member of the

Serbian Royal Academy The Serbian Academy of Sciences and Arts ( la, Academia Scientiarum et Artium Serbica, sr-Cyr, Српска академија наука и уметности, САНУ, Srpska akademija nauka i umetnosti, SANU) is a national academy and the ...

. Aleksa Spasić learned financial techniques and imparted knowledge in the civil service positions he held in Serbia. He mostly wrote in the decade from 1867 to 1876. He belonged to the School of

Classical economics Classical economics, classical political economy, or Smithian economics is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. Its main thinkers are held to be Adam Smith ...

(revered by

John Stuart Mill John Stuart Mill (20 May 1806 – 7 May 1873) was an English philosopher, political economist, Member of Parliament (MP) and civil servant. One of the most influential thinkers in the history of classical liberalism, he contributed widely to ...

and

Adam Smith Adam Smith (baptized 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment. Seen by some as "The Father of Economics"——— ...

), a prominent liberal. He emphasized the importance of good institutions for the well-being of the people (constitutionality, freedom, property protection, free political institutions, democracy), then austerity and moderate taxes. He was a critic of

despotism Despotism ( el, Δεσποτισμός, ''despotismós'') is a form of government in which a single entity rules with absolute power. Normally, that entity is an individual, the despot; but (as in an autocracy) societies which limit respect and ...

Works

* States and Finance, 1867 * Institutions and National Treasure, 1868 * Banks and bankers, 1870 * Finances and nations, 1871 * Municipal finances in France and England, 1874 * The most important issues in political economy, 1875-1876

References

* Marjanović, Gavro. An advocate of classical civic political economy in 19th century Serbia: Aleksa N. Spasić. elgrade: b. i., 1978(Belgrade: Culture). p. 1-20. {{DEFAULTSORT:Spasic, Aleksa 1831 births 1920 deaths Serbian economists Finance ministers of Serbia Governors of the National Bank of Serbia

Biography

Works

See also

References