The economics literature on mercantilism tends to emphasize gold hoarding and external barriers to trade as defining …

; endogenous growth ; labor unions ; minimum wage ; mercantilism …

Adam Smith's theory of money played a key role in his development of one of the conclusions for which he is most famous … today: the superiority of the system of natural liberty to mercantilism. This essay examines the part played by money in … this argument, and specifically Smith's theory of money's origins and evolution and its relevance to his theory of natural …

question of whether this constitutes a new form of mercantilism. According to this view, countries accumulate foreign reserves …