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Mercantilism as a Rent-Seeking Society

In: 40 Years of Research on Rent Seeking 2

Author

Listed:
  • Barry Baysinger
  • Robert B. Ekelund
  • Robert D. Tollison

Abstract

The proposal of any new law or regulation of commerce which comes from this order [merchants and manufacturers], ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men, whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even to oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it.

Suggested Citation

  • Barry Baysinger & Robert B. Ekelund & Robert D. Tollison, 2008. "Mercantilism as a Rent-Seeking Society," Springer Books, in: Roger D. Congleton & Kai A. Konrad & Arye L. Hillman (ed.), 40 Years of Research on Rent Seeking 2, chapter 14, pages 475-508, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-79247-5_28
    DOI: 10.1007/978-3-540-79247-5_28
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