Overview

""The Theory of the Balance of Trade in England: A Study in Mercantilism"" provides a comprehensive scholarly analysis of the economic doctrines that shaped England's commercial policy during the seventeenth and eighteenth centuries. This work delves into the intricate mechanisms of mercantilist thought, specifically focusing on how the concept of the balance of trade evolved from a simple accounting of bullion to a sophisticated instrument of national power and economic strategy. The book examines the writings of prominent contemporary economic thinkers, tracing the development of theories regarding imports, exports, and the accumulation of national wealth. It explores the transition from the early bullionist phase to the more nuanced approaches of later mercantilists who recognized the importance of manufactured goods and the invisible balance of trade. Suviranta meticulously deconstructs the logic behind protectionist measures and the regulatory frameworks established to ensure a favorable trade balance. As a significant contribution to economic historiography, this study offers valuable insights into the intellectual foundations of early modern capitalism. It remains an essential resource for students and scholars of economic history, international trade theory, and the history of economic thought, providing a clear window into the motivations and logic of the pre-classical economic era. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

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9781025748108

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