The Commercial Revolution, 1400-1776: Mercantilism--Colbert--Adam Smith

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H. Holt, 1927 - 115 sider

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Side 110 - O'Connor). THE MAKING OF AN ORATOR. Cr. too. 6s. net. Price (LL). A SHORT HISTORY OF POLITICAL ECONOMY IN ENGLAND FROM ADAM SMITH TO ARNOLD TOYNBEE.
Side 2 - Renaissance was active; its aspects were eagerness to learn, curiosity, criticism, and enthusiasm for adventure and invention. It is the economic changes of this period 1400 to 1700 which are described by the term Commercial Revolution. Changes are always going on, of course, in commerce as well as in social and political affairs; revolutions are perhaps as frequent in one as in another. But between 1400 and 1700 changes in methods of conducting business, in trading centers, in shipping, in the financial...
Side 21 - They advanced the money which made Albrecht of Brandenburg archbishop of Mainz; repaid themselves by sending their agent to accompany Tetzel on his campaign to raise money by indulgences and taking half the proceeds; provided the funds with which Charles V bought the imperial crown, after an election conducted with the publicity of an auction and the morals of a gambling hell ; browbeat him, when the debt was not paid, in the tone of a pawnbroker rating a necessitous client; and found the money with...
Side 36 - I its economic interests and toward making itself strong. The state has fully absorbed the responsibilities assumed by the governments of the medieval towns and cities in their elaborate regulations for the welfare of the trade and craft gilds. In fact, it has been pointed out — "mercantilism was the policy of the town writ large in the affairs of the state," and it has also been said that mercantilism was a "political policy with an ^economic basis.
Side 108 - American Gold and Silver Production in the First Half of the Sixteenth Century," in the Quarterly Journal of Economics, XXIX (May, 1915) 433-479.
Side 46 - I believe that agreement is fixed upon the principle that it is only the abundance of money in a state that determines its greatness and power.
Side 22 - They advanced the money which made Albrecht of Brandenburg Archbishop of Mainz ; repaid themselves by sending their agent to accompany Tetzel on his campaign to raise money by indulgences and taking half the proceeds; provided the funds with which Charles V bought the imperial crown, after an election conducted with the publicity of an auction and the morals of a gambling hell ; browbeat him, when the debt was not paid, in the tone of a pawnbroker rating a necessitous client; and found the money...
Side 17 - ... which the king had granted to the town! The charter, therefore, was an important element in the growth of the royal power, in the growth of towns, and as a contribution to the growth of commercial undertakings. By this means one of the greatest difficulties of medieval economic life — the irregularity, uncertainty and irresponsibility in relationships — was reduced or eliminated. Charters usually fixed responsibility definitely and made rights and obligations certain and regular. They possessed,...
Side 36 - The classic statement of mercantilism in a variety of its phases is doubtless Thomas Mun's "England's Treasure by Forraign Trade." This was written about 1630, though not published until 1664, and is perhaps the earliest clear presentation of the balance of trade theory. Samuel Fortrey, in 1663, published "England's Interest and Improvement" advocating an "increase of store and trade" by stimulating manufacturing and by preventing the export of bullion. Charles Davenant (1656-1714) wrote an "Essay...

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