History of Economic Thought/Pre-classical: Before Adam

Mercantilism edit

It promotes government regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. Mercantilism includes a national economic policy aimed at accumulating monetary reserves through a positive balance of trade, especially of finished goods. Historically, such policies frequently led to war and also motivated colonial expansion .

Cameralism edit

The British Enlightenment edit

Physiocrats edit