Morici blames the return of stagflation on "Chinese mercantilism" as its government fixes oil prices at home at low levels.
"If you want to know why there are riots in Egypt, it's because of Chinese mercantilism," he says.
Linen in Ireland had been a perfect type of the State-created, spoon-fed industry characteristic of the period of mercantilism.
Merchants accustomed to the routine of mercantilism and to state protection are pushed aside.
Exclusion of foreign influences from Colonies; Spanish mercantilism.
It is a throwback to earlier days of colonialism and mercantilism and it is laden with historical memories and sensitivities.
The Spanish trade regulations; mercantilism; the staple cities.
In spite of mercantilism, economic questions never became in England the pre-occupation of specialists.
As long as selfishness is the rule, mercantilism, not economic laissez faire, will be king.
Hence, Russian mercantilism was predominantly a state mercantilism.
An economic doctrine that flourished in Europe from the sixteenth to the eighteenth centuries. Mercantilists held that a nation's wealth consisted primarily in the amount of gold and silver in its treasury. Accordingly, mercantilist governments imposed extensive restrictions on their economies to ensure a surplus of exports over imports. In the eighteenth century, mercantilism was challenged by the doctrine of laissez-faire. (See also Adam Smith.)
Note: The European quest for colonial holdings in Asia, Africa, and North and South America was partially a product of mercantile economics.