Dudley North, 1641–91 and John Locke, 1632–1704: Early Critical Reactions to Mercantilism

Gianni Vaggi and Peter Groenewegen
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Peter Groenewegen: University of Sydney

Chapter 3 in A Concise History of Economic Thought, 2003, pp 23-28 from Palgrave Macmillan

Abstract: Abstract During the seventeenth century, the class of the capitalist entrepreneurs began to be differentiated from that of the merchants. This brought to the fore deficiencies in the universal benefits of mercantilist policies. Reasons for conflicting interests became more obvious and were no longer confined to explaining those between merchants. Increasingly, money lenders and workers found themselves on one side, and landlords and manufacturers on the other, in debates over economic issues.

Keywords: Interest Rate; Foreign Trade; Seventeenth Century; Credit Market; Money Lender (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50580-3_3

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DOI: 10.1057/9780230505803_3

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