Mercantilism.
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Mercantilism. by Heckscher, Eli F.

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Published by Allen & Unwin, Macmillan in London, New York .
Written in English

Subjects:

  • Mercantile system.,
  • Economics -- History.

Book details:

Edition Notes

StatementAuthorized translation by Mendel Shapiro.
Classifications
LC ClassificationsHB91 .H42 1955
The Physical Object
Pagination2 v.
ID Numbers
Open LibraryOL6196914M
LC Control Number56004993
OCLC/WorldCa718998

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mercantilism: ‘The book and its s ubject had less play in the sec ond half of the twentiet h century wh en the worries of the world shifted fr om a fe ar of totalitarianism of the right to a Author: Clint Ballinger. Ever since the Physiocrats and Adam Smith, mercantilism or 'the mercantile system' have been described as the opposite of classical political economy. This view is very much brought into question by the current book. It argues that the sharp distinction between mercantilism and 19th century laissez-faire economics has obscured the meaning, content and contribution of the former. Mercantilism. Although the term mercantilism encompasses the diverse trade practices followed by European states from the sixteenth until the late eighteenth century, its core assumptions may be summarized: that wealth is an absolutely indispensable means to achieve geopolitical power; that such power is valuable as a means to acquire or retain wealth; that wealth and power constitute the dual. Thus mercantilism was mainly a British literature of pamphlets and books which for the most part dealt with practical political economic policy between and Moreover, the underlying issue dealt with in this literature was the question of how toFile Size: KB.

Mercantilism was the primary economic system of trade used from the 16th to 18th century. Mercantilist theorists believed that the amount of wealth in the world was static. Thus, European nations Author: Andrew Bloomenthal. Ever since the Physiocrats and Adam Smith, mercantilism or 'the mercantile system' have been described as the opposite of classical political economy. This view is very much brought into question by the current book. It argues that the sharp distinction between mercantilism and 19th century laissez-faire economics has obscured the meaning, content. This view is very much brought into question by the current book. It argues that the sharp distinction between mercantilism and 19th century laissez-faire economics has obscured the meaning, content and contribution of the Ever since the Physiocrats and Adam Smith, mercantilism or 'the mercantile system' have been described as the opposite of 4/5(4).   In general, mercantilism is the belief in the idea that a nation's wealth can be increased by the control of trade: expanding exports and limiting the context of the European colonization of North America, mercantilism refers to the idea that colonies existed for the benefit of the Mother Country.