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Georg Obrecht

1547 – 1612

German economist

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About Georg Obrecht

Lived 1547 – 1612 (aged 65). Georg Obrecht was a German economist, jurist and university teacher.

Georg Obrecht (born March 25, 1547) was a German law professor and prominent developer of Cameralist thought.

Thought Obrecht emphasized the importance of both thrift and moral conduct for rulers, cautioning that otherwise there would not be enough state revenues collected.

As a means to this end, Obrecht aimed to improve the life conditions of subjects. Obrecht posits that rulers must make sure they have adequate funds to pay civil servants, or else risk exposing their own subjects to injustices.

Insurance Policy One of Obrecht's more concrete proposals was the creation of an insurance scheme for children. Parents would make regular payments to the government for their children. Upon reaching maturity, the child beneficiary would be paid the total of the fund along with 6 percent interest. If the child died before reaching maturity, however, the money would be kept by the government. Obrecht maintained that this program was mutually beneficial for both the government and subjects.

Bona oikonomia Obrecht desired that for resource gathering, states employ bona oikonomia, which to him meant good and thrifty administration. He says that this is good because it does not impose a burden on the subjects.

Finance and Commerce Obrecht condemned the practice of currency debasement, pointing out that it reduced the value of coinage and had a negative impact, was illegal under the laws of the Holy Roman Empire, and invited the punishment of God.

Obrecht took a stance against the traditional view that commerce was an inappropriate pursuit for members of the nobility, with the view that this would reduce the financial burden on subjects. He advocated that the government encourage navigation and pay merchants in advance for foreign goods, as well as stockpile commodities such as wine and foodstuffs in case of scarcity.

Similarly, Obrecht urged the promotion of artisanship and the facilitation of fairs and markets to create a thriving economy. He also anticipated later cameralistic doctrine condemning foreign debt, stating it was preferable to borrow money from one's own subjects.

Policey With regards to Policey, Obrecht gives two aspects: (1) census and censorship, and (2) reliable information and science concerning structure and organization. On censorship, Obrecht notes that measures can be either preventive or punitive, but laments that the censors of his time know nothing of preventive policies. He emphasizes that the goal of police policy should be to improve popular morale, and not merely to deter crime. Albion Small notes that it was increasingly typical of German political theory to assume a government role in safeguarding and promoting public morality. Obrecht personally prescribed that the police order should keep reliable information on all subjects and endeavor to protect them from ruin, and also providing for parents to bring up their children usefully and in such a way that parent and child lead a "Christian, worthy life."

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Important facts

Birth century
Nationality
Education
University of Tübingen
Employers
University of Strasbourg

Contemporaries

People whose lives overlapped Georg Obrecht's

Frequently asked questions

Who was Georg Obrecht?

German economist

When was Georg Obrecht born?

Georg Obrecht was born on 25 March 1547 in Strasbourg.

When did Georg Obrecht die?

Georg Obrecht died on 7 June 1612 in Strasbourg.

What was Georg Obrecht's occupation?

Georg Obrecht was an economist, jurist and university teacher.

What nationality was Georg Obrecht?

Georg Obrecht was German.

Sources & further reading

· Wikipedia: Georg Obrecht

· Wikidata: Q1505508

· DBpedia: Georg Obrecht

Cite this page

APA: Biography.guide. (2026). Georg Obrecht. https://biography.guide/georg-obrecht/

MLA: "Georg Obrecht." Biography.guide, https://biography.guide/georg-obrecht/.

Chicago: "Georg Obrecht." Biography.guide. https://biography.guide/georg-obrecht/.

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