England's Treasure by Forraign Trade (ePub)

Thomas Mun's 'England's Treasure by Forraign Trade' is a influential work that explores the importance of trade in building a nation's wealth. Written in a clear and accessible style, Mun delves into the economic theory of mercantilism, emphasizing the belief that a country should export more than it imports in order to accumulate precious metals and grow its economy. The book highlights the significance of a nation's balance of trade and the role of government policies in promoting economic growth in a rapidly changing world. This work not only serves as a valuable historical document on economic thought in the 17th century, but also provides insights that are still relevant in modern economics. Mun's use of real-world examples and practical advice make this book a must-read for anyone interested in the history of economic theory. Thomas Mun, a British economist and merchant, draws upon his own experiences in trade and commerce to offer a unique perspective on the economic landscape of his time. His expertise and practical knowledge shine through in this seminal work, making it a foundational text in the field of economics. I highly recommend 'England's Treasure by Forraign Trade' to readers who wish to deepen their understanding of the historical development of economic thought and its impact on policy-making.