American School (economics)  

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-'''Mercantilism''' was the dominant school of economic thought throughout the [[early modern period]] (from the 16th to the 18th century). Internationally, mercantilism encouraged the many [[European war]]s of the period and fueled [[European imperialism]]. Academic belief in mercantilism began to fade in the late 18th century, as the arguments of [[Adam Smith]] and the other [[classical economics|classical economists]] won out. Today, mercantilism (as a whole) is rejected by economists, though some elements are looked upon favorably by non-economists.+==See also==
- +*[[History of economic thought]]
-The related school of [[economic nationalism]], which emphasizes the nation and government intervention but deemphasizes bullion in favor of productive capacity, has been and continues to be a dominant model of [[development economics]], as practiced in the 19th century in United States in the [[National System]], Germany in the [[Zollverein]], and Japan, and as practiced in the late 20th and early 21st century by other Asian nations such as the [[Four Asian Tigers]] of Hong Kong, South Korea, Taiwan, and Singapore, and most significantly, China.+*[[Historical school of economics]]
-The export-led economies of present-day Japan and Germany are also cited as latter-day variants of mercantilism.+*[[Anders Chydenius]]
 +*[[Daniel Raymond]]
 +*[[David Ricardo]]
 +*[[Johann Heinrich von Thünen]]
 +*[[John Stuart Mill]]
 +*[[Thomas Malthus]]
 +*[[William Petty]]
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