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Adam Smith, America, and the Doctrinal Defeat of the Mercantile System

C. R. Fay

The Quarterly Journal of Economics, 1934, vol. 48, issue 2, 304-316

Abstract: England's rivals, 304. — Each century had its spokesman: Malynes, 305; Mun, 306; Gee and Postlethwayt, 308. — The Wealth of Nations an attack on all three, 311. — To Smith foreign trade is internal trade internationalized, 312. — Defining mercantilism as protectionism obscures the issue, 314. — Three clues to Smith's significance: his realism, his balance, his creating as he builds, 315. — The place of America in Smith's thought, 315.

Date: 1934
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The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

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