Mercantilism
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Mercantilism is an economic system and type of nationalist economic policy that is designed to maximize the exports and minimize the imports of an economy. It seeks to maximize the accumulation of res
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.
Corn Laws
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The Corn Laws were tariffs and other trade restrictions on imported food and corn enforced in the United Kingdom between 1815 and 1846. The word corn in British English denotes all cereal grains, incl
Mercantilism
…classical economists. French economic policy liberalized greatly under Napoleon (in power from 1799 to 1814/1815). The British Parliament's repeal of the Corn Laws under Robert Peel in 1846 symbolized the emergence of free trade as an alternative system. Most of the European economists who wrote between 1500 and…
The 1815 Corn Law, officially "An Act to amend the Laws now in force for regulating the Importation of Corn"
A meeting of the Anti-Corn Law League in Exeter Hall in London in 1846
Robert Peel became Conservative Prime Minister in 1841, and his government succeeded in repealing the tariffs.
Sir Thomas Lawrence Robert Banks Jenkinson, 2nd Earl of Liverpool RCIN 404930 Royal Collection