Josiah Child
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Sir Josiah Child, 1st Baronet, was an English economist, merchant and politician. He was an economist proponent of mercantilism and governor of the East India Company. He led the company in the Anglo-Mughal War.
Portrait, oil on canvas attributed to John Riley (1646–1691), National Gallery Collections.
Child apologising to Emperor Aurangzeb.
Funerary monument of Child in St Mary the Virgin Church, Wanstead.
Mercantilism
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Mercantilism is a nationalist economic policy that is designed to maximize the exports and minimize the imports for an economy. In other words, it seeks to maximize the accumulation of resources within the country and use those resources for one-sided trade.
Seaport at sunset, a painting by Claude Lorrain, completed in 1639 at the height of mercantilism
Merchants in Venice
French finance minister and mercantilist Jean-Baptiste Colbert served for over 20 years.
The Anglo-Dutch Wars were fought between the English and the Dutch for control over the seas and trade routes.