0 an economic theory developed in the 16th to 18th centuries that says that a government should control the economy and that a nation should increase its wealth by selling more than it buys from other nations -- 重商主义
I believe it is rational not to surrender to mercantilism the areas where market logic does not operate.
He did not adopt a stage-theory of economic growth; he saw mercantilism simply as a system of thought and policy which aimed to achieve certain ends.
We have gone back to the old worn-out theory of mercantilism.
Mercantilism and cameralism promoted the view that the wealth of a ruler and his people depended on the amount of cash flow and metals.
Unfortunately, because of their common starting point and the confusion which it generated about the very nature of mercantilism, the results sometimes merely make confusion worse confounded.
British mercantilism thus mainly took the form of efforts to control trade.
Both currency and tariff restrictions result from the same economic mercantilism, the absurd theory that exports are good and imports are bad.
These reductions were a rare example of "laissez-faire" in an era still almost totally committed to mercantilism.
