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-Cyrl, Народна банка Србије, Narodna banka Srbije) is the central bank of Serbia. History The National Bank of Serbia succeeds several institutions, all based in Belgrade, mirroring the complex ...

(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 (; , SANU) is a national academy and the most prominent academic institution in Serbia, founded in 1841 as Society of Serbian Letters (, DSS). The Academy's membership has included Nobel laureates Ivo ...

. 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, also known as the classical school of economics, or classical political economy, is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. It includ ...

(revered by

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

and

Adam Smith Adam Smith (baptised 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the field of political economy and key figure during the Scottish Enlightenment. Seen by some as the "father of economics"——— or ...

), 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 In political science, despotism () is a government, form of government in which a single entity rules with absolute Power (social and political), power. Normally, that entity is an individual, the despot (as in an autocracy), but societies whi ...

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