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2 unusual facts about mercantilism


Mercantilism

Mercantilism became prominent in Central Europe and Scandinavia after the Thirty Years' War (1618–1648), with Christina of Sweden, Jacob Kettler of Courland, Christian IV of Denmark being notable proponents.

Mercantilist policies were also embraced throughout much of the Tudor and Stuart periods, with Robert Walpole being another major proponent.


Marginal utility

Eighteenth-century Italian mercantilists, such as Antonio Genovesi, Giammaria Ortes, Pietro Verri, Marchese Cesare di Beccaria, and Count Giovanni Rinaldo Carli, held that value was explained in terms of the general utility and of scarcity, though they did not typically work-out a theory of how these interacted.

Marginalism

Eighteenth-century Italian mercantilists, such as Antonio Genovesi, Giammaria Ortes, Pietro Verri, Cesare Beccaria, and Giovanni Rinaldo, held that value was explained in terms of the general utility and of scarcity, though they did not typically work-out a theory of how these interacted.

Robert Ekelund

Economic topics notably discussed by Ekelund include the history of economic thought, the economics of regulation, the economics of religion, public choice theory, mercantilism, and the economics of the American Civil War blockades.

Telegraph Hill, San Francisco

The information was used by observers operating for financiers, merchants, wholesalers and speculators.

William Henry Harrison Stowell

He engaged in mercantile pursuits before moving to Virginia in 1865 and became collector of internal revenue for the fourth district in 1869.


see also