How To Use Mercantilism In A Sentence
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Hobbes indeed borrowed a great deal from contemporary accounts of how to increase a nation's prosperity - the literature of the movement subsequently known as mercantilism.
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We should, as a nation, decide whether to operate our nation as a constitutional republic, a nation of laws, or if instead we prefer to be a country driven and defined by corporate capitalism and mercantilism.
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Yet China had already begun to emphasize exporting. The reason may lie in John Maynard Keynes's analysis of mercantilism.
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Once new trade routes were forged to the Americas, Africa and Asia, mercantilism involved statecraft and realpolitik as well as trade and commerce.
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Colbertism was an extreme form of mercantilism built around war financing schemes, high taxation, and central planning.
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We should not be swayed by 17th century mercantilism, which viewed imports as bad and exports as good.
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Historians have been dubious about the benefits of mercantilism, but they have also been unanimous in attributing much of Spain's industrial and commercial underdevelopment to the absence of such policies.
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Regulation then as now is a form of mercantilism that benefits some at the expense of others.
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The Europeans invented this game -- called mercantilism -- back when trade was conducted with sailing ships.
Ian Fletcher: No, Obama, We Don't Need Free Trade Agreements with Panama, Colombia, and Korea
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Unlike the Saskatchewan approach to canola, Smith is a proponent of a cooperative mercantilism that develops local advantages and creates strong social networks regionally to provide benefits locally.
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This approach is usually referred to as mercantilism and is closely associated with the power to enforce the nation's economic will.
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King George wanted to forcefully impose British mercantilism on the colonies.
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Additionally, very few people are looking at the direct impact of China's trade policies and how Beijing's mercantilism is beginning to hollow out other countries 'manufacturing bases -- not just in the US but also in other parts of Asia (which are also experiencing decelerations in their exports and purchasing manufacturing indices).
Marshall Auerback: Main Street Is Dying a Death by a Thousand Spending Cuts
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Economically, this is the hallmark of the different varieties of socialism, whether you call it communism, fascism, Marxism, mercantilism, corporativism, or what have you.
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Adam Smith coined “mercantile system” (mercantilism) for the eco - nomic policy of the seventeenth and eighteenth centu - ries.
PERIODIZATION IN HISTORY
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The view that trade was the engine of economic growth was a central tenet of mercantilism, the European economic orthodoxy in the first half of the eighteenth century.
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Instead the programs associated with Alexander Hamilton introduced a system of mercantilism, discarding free trade in favor of tariff protection for manufactured goods.
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There is, as well, a close connection between mercantilism and patriotism.
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But even if the logic of mercantilism was correct, this strategy could never work if all nations tried to follow it simultaneously.
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Historically, this process has experienced five stages: mercantilism, laissez faire, infant industry protection, Keynesianism and the strategic trade policy.
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Under mercantilism, everyone sought the advantages of being an exporter, because having a trade surplus meant that wealth was accumulating.
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China one fifth of humanity braked its population growth, made a quantum leap from agrarian Marxism to industrial mercantilism, and thrived--largely because the U.S. was so open to being the "designated driver" of its export-centered growth strategy during this period.
Ian Fletcher: Free Trade Isn't Helping World Poverty
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King George ‘wanted to forcefully impose British mercantilism on the colonies.’
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Significant changes in the planetary scheme and semipolitical genre hit led to dubiety regarding the content of external mercantilism rates.
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Originally free trade was not like mercantilism, where the government monopolizes and otherwise hinders the right to trade across borders.
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As cities and their monetary systems organized further into city-states and then into nations, an economic system called mercantilism developed.
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For some, Christmas is an oppressive reminder that mercantilism and materialism have replaced Christ as the heart of Christmas.
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Having thus established his high position and noble motive, Mun declares his rule of commerce, which may be taken as the central principle of English mercantilism.
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The rise of Britain can be attributed, Ormrod argues, largely to successful and sustained mercantilism.
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As tsar he wanted to apply western mercantilism to stimulate agriculture, industry and commerce.
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Behind his numerous reforms lay a comprehensive program influenced by the doctrines of enlightened absolutism, natural law, mercantilism, and physiocracy.
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But she had attained this position not by practicing free trade, rather under a now-largely-forgotten protectionist policy that has come down to us under the name "mercantilism.
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One of the great myths of contemporary economics is that mercantilism was an analytically vacuous bundle of gold-hoarding prejudices.
Ian Fletcher: In Praise of Mercantilism, or Why Economic History Isn't Boring
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Who benefits from mercantilism is no mystery: look at the list of lobbyists and signatories to the complaints.
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MERCANTILISM is what we're under, which is a type of despotism, but OH, I forgot ***** don't understand the word mercantilism, because they're just as ***** stupid as gw bush.
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The repeal of the Corn Law is these days commonly regarded as the ultimate victory of the classical liberal economic doctrine over wrong-headed mercantilism.
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Privateers operated within the political economy of mercantilism, which recognized the expansion or protection of a nation's trade as a legitimate purpose of war.
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In fact, I believe -- and this is maybe the most difficult thing for some of the people to accept -- that we've actually -- we're actually slipping towards a pre-capitalist period, back into something that bored us to death at school, called mercantilism, which is when you had companies like the British East India Company and the Hudson Bay Company that controlled international markets from, you know, the silk worm through to the lady in a ball gown.
CNN Transcript Oct 5, 2005