Difference between revisions of "Inquiry into the Principles of Political Oeconomy"
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+ | Steuart was a supporter of mercantilism, the theory that the prosperity of a nation is dependent upon its supply of capital, and that the global volume of trade is static. Steuart and followers of mercantilism believe that government should assume a protectionist role in the economy, by encouraging exports and discouraging imports, especially through the use of tariffs. <ref> Blaug ''Great Economists before Keynes'' pp.241-242; Einaudi 1527; Goldsmiths' 10276; Kress 6498; Palgrave III, pp.475-476; Schumpeter ''History of Economic Analysis'' p.176 </ref> | ||
==Bibliographic Information== | ==Bibliographic Information== |
Revision as of 08:16, 28 May 2013
by Sir James Steuart
Steuart was a supporter of mercantilism, the theory that the prosperity of a nation is dependent upon its supply of capital, and that the global volume of trade is static. Steuart and followers of mercantilism believe that government should assume a protectionist role in the economy, by encouraging exports and discouraging imports, especially through the use of tariffs. [1]
Bibliographic Information
Author: Sir James Steuart
Title: An Inquiry Into The Principles Of Political Oeconomy: Being An Essay On The Science Of Domestic Policy In Free Nations, In Which Are Particularly Considered Population, Agriculture, Trade, Industry, Money, Coin, Interest, Circulation, Banks, Exchange, Public Credit, And Taxes
Published: London: Printed for A. Millar and T. Cadell, in the Strand, 1767.
Edition:
Evidence for Inclusion in Wythe's Library
Description of the Wolf Law Library's copy
Bound in contemporary tree calf, rebacked, preserving original gilt spines. Purchased from Donald A. Heald Rare Books.
References
- ↑ Blaug Great Economists before Keynes pp.241-242; Einaudi 1527; Goldsmiths' 10276; Kress 6498; Palgrave III, pp.475-476; Schumpeter History of Economic Analysis p.176