Child contributed to the literature of economics; especially
Brief Observations concerning Trade and the Interest of Money (1668),
[12] and
A New Discourse of Trade (1668 and 1690).
[13] He was a moderate in those days of the mercantile system, and has sometimes been regarded as a sort of pioneer in the development of the
free-trade doctrines of the 18th century. Though Child considered himself a proponent of the competitive market, he simultaneously argued for a government-controlled interest rate and restricted trade among the colonies which would benefit England. He made various proposals for improving English trade by following the Dutch example, and advocated a low rate of interest as the
causa causans of all the other causes of the riches of the Dutch people. This low
rate of interest he thought should be created and maintained by public authority. Child, whilst adhering to the doctrine of the
balance of trade, observed that a people cannot always sell to foreigners without ever buying from them, and denied that the export of the
precious metals was necessarily detrimental. Like other writers in what is commonly called the
mercantilist period or tradition, he viewed a numerous population as an asset to a country and became prominent with a new scheme for the relief and employment of the poor. He also advocated the reservation by the mother country of the sole right of trade with her colonies.
In his
Sir Josiah Child, Merchant Economist (1959),
William Letwin considers that Child's economic thought was of little theoretical importance but notes that he was "the most widely-read of seventeenth-century economic writers".
[14]
2 Comments:
1668
最終版
142:
142
of this ftudy, as well as others, it may t
there is an infinity in it, none, though
largest intellects and experience, being*
fathom its utmost depth.
Among other things relating to trade,
hath been much discourfed of the bal
trade; the right underftanding whereof i
of singular use, and serve as a compass t
by, in the contemplation and propagat
trade for public adrantage.
The balance of trade is commonly und<
two ways.
1. Generally; something whereby it r
known whether this kingdom gaineth or
by foreign trade.
2.
Particularly; something whereby
know by hat trades this kingdom gain:
by what trades it loseth.
For the firft of these;
It is the most general received opinioin that not ill-grounded, that this balance is taken by a ftriet fcrutiny of what proporti
value of the commodities exported out
kingdom bear to those imported; and
exports exceed the imports, it is conclud
^tion gets by the general course of its tr:
being suppofed that the overplus is impor
bullion, and so adds to the treafure
kingdom; gold and silver being taken f
measure and ftandard of riches.
142
他の人たちと同様、この偉大な人たちの
それには無限大がありますが、どれも
最大の知性と経験、
その最大の深さを計算します。
貿易に関するものの中でも、
バルの多くのことに気を取られてきた
トレード;右側の下線を引く
単体で使用し、コンパスとして使用する
熟考と宣伝の中で
公共の養子縁組のための貿易。
貿易収支は一般的に
二通り。
1.一般的にそれによって何か
この王国が獲得するかどうか知られているか
貿易によって。
2。
特に;それによって何か
この王国の利益を帽子取引で知っている:
何を取引することによってそれは失う。
これらの企業のために。
それは、このバランスが、どのような割合で行われているのかという一般的な考察によって取られているという、根拠のないものではないという最も一般的に受けられている意見です。
輸出された商品の価値
王国は輸入された人々に負う。そして
輸出が輸入を上回っていると結論付けられている
^TIONはその一般的な流れによって得られます。
その余剰は重要ではないと思われる
地金、そして宝物に追加
王国;金と銀が撮影されている
メジャーと富の標準。
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