Chapter

The Birth of Political Economy

Ernesto Screpanti and Stefano Zamagni

in An Outline of the History of Economic Thought

Published in print August 1995 | ISBN: 9780198774556
Published online November 2003 | e-ISBN: 9780191717383 | DOI: http://dx.doi.org/10.1093/0198774559.003.0002
 The Birth of Political Economy

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Starts by characterizing the end of the Middle Ages and the beginnings of the modern world. Then considers mercantilism, with special emphasis on demographic and monetary theories and policies. Finally, exposes the contributions of some relevant forerunners of classical political economy (W. Petty; J. Locke; D. North; B. Mandeville; R. Cantillon).

Keywords: Nicholas Barbon; bullionism; mercantilistic policies; scientific revolution; value, theory of

Chapter.  13519 words.  Illustrated.

Subjects: History of Economic Thought

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