History
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Paper3.docxThinking about State and Economy before Smith: Europe on the Move
Mercantilism (PPT_2)
Overseas expansion
Gunpowder revolution
State consolidation
Mercantilism: The Economic Policy of Scarcity (limited good)
READINGS:
HobbesLeviathan(“Of Commonwealth,” chpts. XVII, XXII)
Locke and Property (Second Treatise on Government, excerpts). Book II, paragraphs 4-51 (pp. 106-126 in PDF).
The Mercantilist Mentality
English East-India Company Charter
The Navigation Acts http://www.digitalhistory.uh.edu/disp_textbook.cfm?smtID=3&psid=4102
Colbert,Memorandum on Tradehttps://sourcebooks.fordham.edu/halsall/mod/1664colbert.asp
Jean-Jacques Rousseau, A Discourse Upon Political Economy(1755).
DavidHume , Essays, 1741, 1742, 1758, posthumous 1777: “Of Commerce,” “Of Luxury,” “Of the Jealousy of Trade,” “Of the Balance of Trade,” “Of Money” http://www.econlib.org/library/LFBooks/Hume/hmMPL.html
Physiocracy: Quesnay https://www.marxists.org/reference/subject/economics/quesnay/1759/tableau.htm
Paper prompt 3 (due June 9):How do these authors define property and its role in the economy? Do their definitions make economic sense (i.e., do they point to efficient resource allocation)? How do their definitions differ? Who benefits from these definitions the most? How are their definitions connected to European colonization?
