Month: May 2010

  • Mercantile

    Interesting article over on Satyajit Das’s blog on China and its place in the global economy today – especially the opening insight: China‚Äôs economic model is reminiscent of 17th century mercantilist policies. Thomas Mun, a Director of the East India Company, in England’s Treasure by Foreign Trade (1664), wrote that the purpose of trade was […]