ABSTRACT

Joseph Johnston,J. O. Wisdom, N. J. Pauling, and T. W. Hutchison have all seen in his works many anticipations of modern Keynesian economic doctrine, particularly in relation to the necessity of having a high level of government and private expenditure in order to reduce the deflationary gap existing in early eighteenth-century Ireland. Bishop Berkeley directed his efforts to eighteenth-century Ireland, an underdeveloped area, in which the overriding problem was the "vicious circle of poverty". In essence, therefore, the people have, in the works of Berkeley, a concept of society which involves the blending of direct state intervention with the protection of the interests of the individual directed toward an increasing per capita welfare. In a final evaluation of Berkeley’s scattered works in political economy one must be careful not to exaggerate his contributions to economic analysis. The basic feature of Berkeley’s philosophy is the fundamental role played by the Deity.