Was war falsch am Merkantilismus?

Peter Spahn

Mercantilist theories and policies in early capitalism have been criticized for confusing microeconomic and macroeconomic sources of wealth, for misunderstanding the benefits of free trade, and for overrating the role of money. This paper aims to reconstruct the rationality of mercantilism as an efficient strategy of economic development. It presents a critical assessment of David Hume's specie flow mechanism that counts as a major rebuttal of mercantilism and collects insights of early writers into the working of a monetary economy.

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Year of publication:	[2018]
Authors:	Spahn, Peter
Publisher:	Stuttgart : University of Hohenheim, Dean’s Office of the Faculty of Business, Economics and Social Sciences
Subject:	trade war \| trade surplus \| specie flow mechanism \| bank reserves \| development

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Extent:	1 Online-Ressource (34 Seiten)
Series:	Hohenheim discussion papers in business, economics and social sciences. - Stuttgart : Univ. Hohenheim, Fak. Wirtschafts- u. Sozialwiss., ISSN 2364-2084, ZDB-ID 2809957-6. - Vol. Discussion paper 26-2018
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English ; German
Notes:	Zusammenfassung in englischer Sprache
Other identifiers:	hdl:10419/184868 [Handle]
Classification:	B1 - History of Economic Thought through 1925 ; F4 - Macroeconomic Aspects of International Trade and Finance ; N1 - Macroeconomics and Monetary Economics; Growth and Fluctuations
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011928996