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14 Cards in this Set

  • Front
  • Back
This philosopher believed that if everyone is free than everyone is in danger and thatsecurity was more important than freedom

Hobbes

Believed people are rational, intelligent, reasonable and good

Locke

Believed humans were born free and everywhere in chains because they are corrupted bysociety
Rousseau

Believed in Capitalism, free markets and the invisible hand

Smith

Stated “To each according to his needs from each according to his abilities”

Marx

Believed that the boom bust cycle was created because of animal spirits or human nature

Keynes

Believed the boom and bust cycle was created because of low interest rates andmalinvestments because of cheap credit

Hayek

Believed in the separation of powers

Montesque

Reactionary classical liberal philosopher who called for law, order, customs and traditions –including the monarchy

Edmund Burke

Utopian socialist who created a utopian-like society

Robert Owen

Progressive president who introduced the Square Deal

Theodore Roosevelt

Philosopher who called for government involvement in the economy during crisis

Keynes

Name of Russian revolutionary who established communism in the USSR

Lennin

Name of Russian leader who ended New Economic Policy and introduced 5 year plans

Stalin