mercantilism : Definition, Usages, News and More

Search Words

mercantilism

mer kan tuh li zuhm

  • n  an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
  • n  transactions (sales and purchases) having the objective of supplying commodities (goods and services)

  • Anyone who actually enjoys reading comix or just wants to learn more about them will be assaulted by the most damnable and depressing spectacle of childishness and mercantilism.
  • Over the centuries, this Silk Road way station has been conquered by Chinese generals, Tibetan warlords, Turkic khans and Mongol horsemenbut the lord of mercantilism is the only .
  • Through seemingly Vaselined lenses, however, a picture emerges from both these works of the long, fruitful tension between evangelical idealism and secular mercantilism.
News & Articles

  • Money By Its Nature Is Not So Hot, But Loose Credit And Exchange Controls Make It So
    In an amusing modern twist on mercantilism, India has actually been trying to discourage gold imports. Last month, the Indian government increased its import tariffs on gold, silver, and platinum bullion imports to 10%. It also banned the import of coins and medallions in the hope that it might help stop the slide in the value of the rupee, which continued to fall to a record low last week.
    Sept. 9, 2013 - Forbes
Quotes

  • Gordon Brown in Reuters
    Earlier, Brown said that the world needed to ensure "we do not exercise a new form of financial mercantilism of retreat into domestic lending and domestic financial markets."
  • Phil English in International Herald Tribune
    There are other workers who are going to continue to face the risk of losing their jobs to Chinese mercantilism unless Congress looks at this issue and decides to strengthen US trade laws,English said.
  • Paul Krugman in MarketWatch
    Krugman concluded: "The bottom line is that Chinese mercantilism is a growing problem, and the victims of that mercantilism have little to lose from a trade confrontation. So I'd urge China's government to reconsider its stubbornness. Otherwise, the...

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