Overview

mercantilism

Return to overview »

You are looking at 1-20 of 21 entries

  • Type: Overview Page x
clear all

View:

Adam Smith

Adam Smith  

Reference type:
Overview Page
(1723–90)Scottish philosopher and economist. Although best remembered as an economist, Smith was a polymath, and an eminent social theorist and moral philosopher. Born in Kirkcaldy, he was educated ...
British Empire

British Empire  

At its apogee, around 1920, the British empire was the largest ever known, reputed to cover a quarter of the world's land area, and a fifth of its population. Like all mighty oaks, this one had a ...
capitalism

capitalism  

Reference type:
Overview Page
An economic system in which the factors of production are privately owned and individual owners of capital are free to make use of it as they see fit; in particular, for their own profit. In this ...
customs duty

customs duty  

Reference type:
Overview Page
Subject:
Law
A charge or toll payable on certain goods exported from or imported into the UK. Customs duties are charged either in the form of an ad valorem duty, i.e. a percentage of the value of the goods, or ...
economic Thought

economic Thought  

Economics as an autonomous discipline concerned with the allocation of resources to competing ends was a development of the 19th century; it did not exist in the MA. Nevertheless, scholastic ...
economics

economics  

Reference type:
Overview Page
Subject:
Religion
The study of the production, distribution, and consumption of resources, and the management of state income and expenditure. See also classical economics, ecological economics, environmental ...
famine

famine  

Reference type:
Overview Page
Subject:
History
May be defined as the occurrence of serious food shortages resulting in significant rises in the death rate. Mortality during famines was rarely caused solely by starvation but from related diseases ...
Ferdinando Galiani

Ferdinando Galiani  

Reference type:
Overview Page
Subject:
Literature
(1728–87).Diplomat and gifted intellectual who was born in Chieti but lived and worked principally in Naples. He is principally remembered for his writings on political economy, dealing with the ...
François Quesnay

François Quesnay  

Reference type:
Overview Page
(1694 –1774)The court physician of Louis XV of France and the founder of the Physiocrats—a school of economic thought that preceded the classical economics of Adam Smith and David ...
free trade

free trade  

Reference type:
Overview Page
The flow of goods and services across national frontiers without the interference of laws, tariffs, quotas, or other restrictions. Since World War II, under the auspices of GATT and the World Trade ...
imperialism and empire

imperialism and empire  

Reference type:
Overview Page
A system of domination of states and peoples maintained and extended by another state. Imperialism often involves territorial expansion but can also imply less direct forms of economic and political ...
Jean-Baptiste Colbert

Jean-Baptiste Colbert  

Reference type:
Overview Page
Subject:
History
(1619–83)French statesman, chief minister to Louis XIV (1665–83). A vigorous reformer, he put order back into the country's finances, boosted industry and commerce, and established the French navy as ...
laissez-faire

laissez-faire  

Reference type:
Overview Page
The transition from the medieval to the modern economy was characterized by the progressive removal of restrictions on individuals and groups in favour of the operation of market forces. The balance ...
Navigation Acts

Navigation Acts  

Reference type:
Overview Page
Subject:
History
Were intended to protect English (later British) commerce from foreign competition. This assumed that the volume of world trade was finite and that any gain by one country could only be at the ...
Physiocrats

Physiocrats  

Reference type:
Overview Page
Group of eighteenth‐century French economists who believed that the land is the ultimate source of all wealth, and also in free trade in grain. The latter belief, but not the former, influenced Adam ...
political economy

political economy  

Reference type:
Overview Page
The original name of what is now known as economics. The name has resurfaced in the ‘new political economy’ that draws attention to the political motivation of economic policies: policy-makers and ...
protectionism

protectionism  

The government policy of imposing duties or quotas on imports with the purpose of protecting home industries from foreign competition. See also exports; tariff customs.
Raúl Prebisch

Raúl Prebisch  

Reference type:
Overview Page
(1901–86)Working as an economist for the Argentine government, Raúl Prebisch experienced directly the catastrophic impact of the great depression of the 1930s on what had long been a prosperous ...
Saint John

Saint John  

Located at the mouth of the Saint John River, the site was known to both the Mi'kmaq and the Maliseet. A generation following the visit of Champlain in 1604, French ...
tariff

tariff  

A scale of charges. In economics a tariff was originally a schedule of taxes on imports; it now refers to the actual import duties. An ad valorem tariff is set as a percentage of the price of the ...

View: