Cameralism

18th-century German centralist economic theory

Cameralism was a German science of public administration in the 18th and early 19th centuries that aimed at strong management of a centralized economy for the benefit mainly of the state. The discipline in its most narrow definition concerned the management of the state's finances. Throughout the 18th and the first half of the 19th century, cameralism was influential in Northern European states—for example, in Prussia and Sweden—and its academics and practitioners were pioneers in economic, environmental, and administrative knowledge and technology; for example, cameralist accounting, still used in public finance today.

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