Mercantilist Quotes

Too many countries that do not play by the free trade rules of the World Trade Organization - including, notably mercantilist China and monopolist Saudi Arabia - have been allowed in, to the detriment of both the WTO and the liberal trading environment it is supposed to sponsor. (Frank Gaffney)
We are already well down the road toward a managed-trade regime. It would be far better to acknowledge that reality, and seek a set of reasonable rules, than to pretend that Ricardian trade is the norm and allow mercantilist states to overwhelm U. S. industry and ratchet down wages, in the name of free trade. View quote
Robert Kuttner
The General Theory was not truly revolutionary at all but merely old and oft-refuted mercantilist and inflationist fallacies dressed up in shiny new garb, replete with newly constructed and largely incomprehensible jargon. View quote
Murray Rothbard
Ifness pursed his lips judiciously. "All folk, mercantilists as well as tavern-keepers and musicians, try to relate their work to abstract universals. We mercantilists are highly sensitive to theft, which stabs at our very essence. To steal is to acquire goods by a simple, informal, and inexpensive process. To buy identical goods is tedious, irksome, and costly. Is it any wonder that larceny is popular? Nonetheless it voids the mercantilist's reasons for being alive; we regard thieves with the same abhorrence that musicians might feel for a fanatic gang which beat bells and gongs whenever musicians played.” Frolitz stifled an ejaculation. Ifness tasted the mug of green cider which Loy had set before him. "To repeat: when a thief steals property he steals life. For a mercantilist I am tolerant of human weakness, and I would not react vigorously to the theft of a day. I would resent the theft of a week; I would kill the thief who stole a year of my life.”. View quote
Jack Vance
The Wealth of Nations is in no sense a textbook. Adam smith is writing to his age, not to his classroom; he is expounding a doctrine that is meant to be of importance in running an empire, not an abstract treatise for academic distribution. The dragons that he slays (such as the Mercantilist philosophy, which takes over two hundred pages to die) were alive and panting, if a little tired, in his day. And finally, the book is a revolutionary one. To be sure, Smith would hardly have countenanced an upheaval that disordered the gentlemanly classes and enthroned the common poor. But the import of The Wealth of Nations is revolutionary, nonetheless. View quote
Adam Smith