Thomas Mun

England's Treasure by Forraign Trade (eBook, ePUB)

• Format: ePub

Produktbeschreibung

In 'England's Treasure by Forraign Trade,' Thomas Mun delves into the world of economics and trade during the 17th century. Written in a clear and concise style, this book offers a detailed analysis of the importance of foreign trade for England's wealth and prosperity. Mun uses historical examples and economic theories to support his arguments, making this work an important contribution to early economic thought. The book also serves as a primary source for understanding the economic policies of the time and their impact on England's economy. Mun's straightforward writing style and use of concrete examples make this book accessible to readers interested in economic history and trade relations of the period. Thomas Mun, an English merchant and economist, wrote 'England's Treasure by Forraign Trade' as a practical guide for policymakers and merchants of his time. His first-hand experience in international trade and finance provided him with valuable insights that influenced his economic theories. Mun's work reflects his commitment to promoting policies that would benefit England's economy and increase its wealth through foreign trade. I highly recommend 'England's Treasure by Forraign Trade' to readers interested in the history of economics and trade relations. Thomas Mun's work offers valuable insights into the economic theories and practices of the 17th century, making it essential reading for those studying early economic thought and policy development.

Produktdetails

• Verlag: DigiCat
• Seitenzahl: 72
• Erscheinungstermin: 10. August 2022
• Englisch
• ISBN-13: 8596547166962
• Artikelnr.: 65245626

Autorenporträt

Thomas Mun (1571–1641) stands prominently in the annals of economic thought for his contributions to the mercantile theory of international trade and economic policy. His seminal work, 'England's Treasure by Forraign Trade', written in 1628 but published posthumously in 1664, laid the groundwork for mercantilist thought and policy that would dominate English economic practice for decades. A merchant by profession, Mun climbed the ranks to become a director at the prestigious East India Company, an experience that deeply informed his writing; his insights into the nature of trade and wealth accumulation had both immediate and lasting influence on economic theory. Mun's treatise emphatically argued that a nation's wealth could be increased through a careful balancing of exports over imports, thereby advocating for a trade surplus as the means of national prosperity. While his theories have evolved over time, his recognition of the balance of trade issues remains a fundamental concern in modern economics. His elucidation of the role that trade plays in national wealth, and his appeal to empirical data gathered from his own experiences, contributed significantly to policy debates of his time and the evolution of economic discourse. Thomas Mun's focus on practicality and real-world applications cemented his place as a pivotal figure in the transition from medieval to modern economic thinking.