History of Economic Thought/Pre-classical: Before Adam

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Mercantilism[edit | edit source]

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 | edit source]

The British Enlightenment[edit | edit source]

Physiocrats[edit | edit source]