This paper explores the meaning of the idea of common good as used in the classical political tradition in order to study its role in the present political economy. It first analyses the received meaning of the term ‘‘common good’’ in economics with the help of a brief sketch of its...

Adolph Wagner is best known for his principle regarding the increase of state intervention into the economy. Such a principle is characterised by an 'ethical economy' perspective, incorporating some original ideas based on the relationship between the law and political economy. Wagner's theory...