Cameralism

Cameralism was a German science of administration in the 18th and early 19th centuries that aimed at strong management of a centralized economy for mainly the state's benefit. The discipline in its most narrow definition concerned the management of the state's finances. According to David F. Lindenfeld, it was divided into three: public finance, Oeconomie and Polizei. Here Oeconomie did not exactly mean 'economics', nor did Polizei mean 'public policy' in the modern senses.


Cameralism was a German science of administration in the 18th and early 19th centuries that aimed at strong management of a centralized economy for mainly the state's benefit. The discipline in its most narrow definition concerned the management of the state's finances. According to David F. Lindenfeld, it was divided into three: public finance, Oeconomie and Polizei. Here Oeconomie did not exactly mean 'economics', nor did Polizei mean 'public policy' in the modern senses.
Read article on Wikipedia