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Dudley North, 1641–91 and John Locke, 1632–1704: Early Critical Reactions to Mercantilism

In: A Concise History of Economic Thought

Author

Listed:
  • Gianni Vaggi

    (University of Pavia)

  • Peter Groenewegen

    (University of Sydney)

Abstract

During the seventeenth century, the class of the capitalist entrepreneurs began to be differentiated from that of the merchants. This brought to the fore deficiencies in the universal benefits of mercantilist policies. Reasons for conflicting interests became more obvious and were no longer confined to explaining those between merchants. Increasingly, money lenders and workers found themselves on one side, and landlords and manufacturers on the other, in debates over economic issues.

Suggested Citation

  • Gianni Vaggi & Peter Groenewegen, 2003. "Dudley North, 1641–91 and John Locke, 1632–1704: Early Critical Reactions to Mercantilism," Palgrave Macmillan Books, in: A Concise History of Economic Thought, chapter 3, pages 23-28, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-50580-3_3
    DOI: 10.1057/9780230505803_3
    as

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