Work

The Birth of the Political Economy or the Economy in the Heart of Politics: Mercantilism

Year: 2008

Type: article

Abstract: Mercantilism (16th–18th centuries) is a set of precepts concerning economic policy. It places the State at the heart of national economic development. Wealth is conceived as serving power. Mercantilists share a static conception of international economic relations, considering that one country can only enrich itself to the detriment of another. It is a true theory of economic war. However, the development of mercantilism shows a progressive transition of economic thought towards a lower consideration of political aspects.

Source: Defence and Peace Economics

DOI: 10.1080/10242690802354279

Authors: Jacques Fontanel, Jean‐Paul Hebert, Ivan Samson

Institutions: Université Grenoble Alpes, École des hautes études en sciences sociales

Language: English

Topic: Historical Economic and Legal Thought

Subfield: Political Science and International Relations

Field: Social Sciences

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2065550089

FWCI: 2.102

Cites: 8

Cited by: 13

Related to: 10