In this article we will discuss about the History of Economic Thought:- 1. Meaning of History of Economic Thought 2. Significance of History of Economic Thought 3. Difficulties in the Study. Meaning of History of Economic Thought: History of Economic Thought as the title implies deals with the origin and development of economic ideas and their interrelations. It is a [...]
In this article we will discuss about Mercantilism:- 1. Concept of Mercantilism 2. Factors Shaping Mercantilism 3. Main ideas or Characteristics 4. Critical Estimate 5. Decline. Concept of Mercantilism: The dominant system of economic thought that prevailed in Europe from 16th to 18th Century was Mercantilism. It was known by different names in different countries. In England it was called [...]
List of top ten mercantilists who influenced the economic policy:- 1. Antonio Serra 2. Sir Thomas Mun 3. Sir Josiah Child 4. Philipp Von Hornick 5. Johannes Nejnrich Gottleb Von' Justi 6. Joachim George Daries. Mercantilist # 1. Antonio Serra: Antonio Serra was an Italian. His pamphlet, "A Brief Treatise on the causes which can make Gold and Silver abound [...]