The aim of the paper is to evaluate the economic thought of W. Petty (1623-1687) in the context of relationship with the mercantilist thought. The main idea of the paper generally relies on Pettys status in the history of economic thought and particularly focus on a specific question: Whether he was a mercantilist philosopher or not? This paper starts with the traditional definition of mercantilism. The distinctive feature of heterogeneous components and homogenous core of mercantilism reveals that Petty has to be considered in mercantilism. This distinctive feature builds a theoretical background which ensures the investigation of Pettys economic thought.
Key words: History of Economic Thought, Mercantilism, Population and Employment, Labour, Rent. JEL Classification: B00, B11, B31, J11.
scite shows how a scientific paper has been cited by providing the context of the citation, a classification describing whether it supports, mentions, or contrasts the cited claim, and a label indicating in which section the citation was made.
The articles in Bibliomed are open access articles licensed under Creative Commons Attribution 4.0 International License (CC BY), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.
We use cookies and other tracking technologies to work properly, to analyze our website traffic, and to understand where our visitors are coming from. More InfoGot It!
