Monday, May 11, 2020

Henry Martyn (economist)

Jfanderson68:


Henry Martyn (baptized 1665,<ref></ref> died 1721) was author of ''Considerations Upon the East India Trade'' (1701),<ref>Liquid error: wrong number of arguments (given 1, expected 2)</ref> which<blockquote>went even beyond the case for free trade advanced seventy-five years later by Adam Smith in The Wealth of Nations. Martyn’s tract contains other remarkable insights that became important features of classical political economy, such as the nature and advantages of the division of labor, the dependence of the latter on the extent of the market, the workings of a market economy, the role of money, and the impact of international trade on resource allocation, on productivity, and on economic welfare.<ref>Liquid error: wrong number of arguments (given 1, expected 2)</ref></blockquote>Martyn was also a writer for ''The Spectator'' and ''The British Merchant''.


from Wikipedia - New pages [en] https://ift.tt/2Lm3L12
via IFTTT

No comments:

Post a Comment