Adam Smith'in ekonomik kriz görüşü: South Sea Balonu

Kapitalist gelişim sürecinde, en çok tartışılan konuların başında ekonomikkriz olgusu gelmektedir. Bu bağlamda, ekonomi literatüründe krizleri açıklamayayönelik birbirinden farklı birçok görüş ortaya atılmıştır. Kapitalist sistemin bugünkügeldiği aşamada, finans piyasalarındaki gelişmeyle birlikte, daha kompleks finansalve ekonomik yapı altında, krizlerin bulaşma etkisini hızlandıran uluslararası biryapılanma söz konusudur. Günümüzdeki krizlerle geçmiş dönemlerdeki ekonomikkrizler arasında bağlantı kurmamızı sağlayan temel noktalardan biride balonoluşumudur. 18. yüzyılın ilk çeyreğinde, İngiltere‘de görülen South Sea Companybalonu ve çöken finansal sisteme müdahaleye yönelik; 1720 yılında yayımlanan"Balon Yasası" araştırma kapsamında mercek altına alınacaktır. Ekonomi bilimininkurucusu kabul edilen Adam Smith‘in bu olaya yaklaşımı da bir hayli dikkatçekicidir. Çalışmamızda, liberal ekonomik sistemde yaşanan bunalımlar gölgesindegeliĢen olaylar ekseninde, Adam Smith çağına yakın örnek olay olarak alınan "SouthSea Bubble" hakkındaki tartışmaların nasıl yorumlanması gerektiği tartışılacaktır.Böylelikle Adam Smith‘in ekonomi yaklaşımıyla, ekonomik krizler hakkındaedinilecek tarihsel bakış açısı, çeşitli çözüm önerilerinin oluşumuna katkısağlayacaktır.

Adan Smitsh's view on economic crisis: South Sea Bubble

Economic crisis issue is the leading among argued subjects in the capitalistdevelopment period. In this sense, there had been numerously different opinionsemerged to interpret the crisis in the economics literature. Modern internationaleconomics and finance structure of the world is accelerating the contagion of thecrisis with the improvements due to the recent capitalist system comprehensions. Inaddition, formation of bubbles is constructing the main relationship between currentfinancial crises and the other historical economic depressions. The study discussesThe Bubble Act regulations issued in the first quarter of 18thCentury in the year of1720 to intervene the financial system of United Kingdom (UK) for The South SeaCompany bubble. Commonly respected founder of the economics discipline AdamSmiths‘ approach to the mentioned incident is also quite noteworthy. Our studyanalyzes the concerns for the sample of ―South Sea Bubble‖ case throughout theAdam Smith era under the circumstances of liberal economic system depressions. Inthis way, the scope outs for economic crisis would be determined by the historicalunderstanding of Adam Smith‘s economics approaches as well.

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