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Mercantilism
By Laura LaHaye
Mercantilism is economic nationalism for the purpose of building a wealthy and powerful state. Adam Smith coined the term “mercantile system” to describe the system of political economy that sought to enrich the country by restraining imports and encouraging exports. This system dominated Western European economic ...
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Industrial Policy
By Richard McKenzie
National industrial policy is a rubric for a broad range of proposed economic reforms that emerged as a unified political program in the early eighties. Had they been passed, these reforms would have given government officials additional authority, as well as the necessary fiscal and regulatory powers, to directly alte...
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Mercantilism Lives
Charles L. Hooper
A Brief History of International Trade Policy
Douglas A. Irwin
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