History of Economic Thought (Economic Doctrines)

  1. Mercantilism and the Rise of the Nation-State
    1. Historical Context of Mercantilism
      1. Rise of Nation-States
        1. Discovery of the New World
          1. Commercial Revolution
            1. Decline of Feudalism
            2. Core Principles of Mercantilism
              1. Bullionism and Wealth as Specie
                1. Favorable Balance of Trade
                  1. Economic Nationalism and Protectionism
                    1. State Intervention and Regulation
                      1. Colonial Policy and Raw Materials
                        1. Population and Labor Policies
                          1. Manufacturing and Export Promotion
                          2. National Variations of Mercantilism
                            1. English Mercantilism
                              1. Thomas Mun
                                1. England's Treasure by Forraign Trade
                                  1. Balance of Trade Theory
                                  2. Gerard de Malynes
                                    1. Edward Misselden
                                    2. French Mercantilism
                                      1. Jean-Baptiste Colbert
                                        1. Colbertism and State-Led Industrial Policy
                                          1. Manufacturing and Export Promotion
                                          2. Antoine de Montchrétien
                                          3. German Cameralism
                                            1. Johann Joachim Becher
                                              1. Philipp Wilhelm von Hornick
                                                1. Veit Ludwig von Seckendorff
                                                2. Italian Mercantilism
                                                  1. Antonio Serra
                                                    1. Early Theories of Economic Development
                                                      1. Causes of Wealth and Poverty of Nations
                                                  2. Critiques and Decline of Mercantilism
                                                    1. David Hume's Contributions
                                                      1. Price-Specie Flow Mechanism
                                                        1. Critique of Balance of Trade Obsession
                                                        2. Richard Cantillon's Essai
                                                          1. Early Free Trade Advocates
                                                            1. Theoretical Limitations of Mercantilism

                                                          Previous

                                                          2. Pre-Classical Economic Thought

                                                          Go to top

                                                          Next

                                                          4. The Physiocrats