Dictionary of Arguments

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Mause I 38
Mercantilism/Steuart: Mercantilism was empirically and practically oriented, saw secular prosperity as the main goal of economic activity and was mainly shaped by merchants and financiers. The most important contributions include "England's Treasure by Forraign Trade" by Thomas Mun (1571-1641), "Essai sur la Nature du Commerce en général" by Richard Cantillon (1680-1734) and "An Inquiry Into the Principles of Political Economy" by James Steuart (1712-1780).
(1)(2)(3) The mercantilists were mainly interested in increasing the wealth and power of their countries. The former was the interim goal; the main goal was power and influence - the economy was at the service of politics.
Economic growth: should be stimulated by increasing domestic money supply. Means for this were government interventions to increase exports and reduce imports.


1. Th. Mun, England’s treasure by forraign trade. London, 1664
2. Cantillon, Richard, Essai sur la Nature du Commerce en général. London, 1755
3. Steuart, James, An inquiry into the principles of political oeconomy, London 1767


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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution.
The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

EconSteu I
James Steuart
An niquiry into the principles of political oeconomy Vol I + II London 1767

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018


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Ed. Martin Schulz, access date 2019-05-19
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