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From Mercantilism to Macroeconomics

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This paper looks again at the relevance of the concept of mercantilism to the early modern world by examining it in the light of much new scholarship which stresses the importance of population, improvement and the employment of labour both within states and for colonial projects. It re-examines Adam Smith’s key role in creating the term as understood in the 20th century, and concludes by offering some thoughts on why the history of state policy in regards to employment is still important today.

This talk is part of the Economic and Social History Seminars series.

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