Merchants and councilors: intellectual divergences in early 17th century British economic thought

Abstract

During the early 1620's, England went through a period of intense economic disorders which sparked the interest of many in economic reasoning. The decade witnessed the emergence of the most relevant pieces of economic literature of the early Stuart era, but the debate was not restricted to the abstract confrontation of economic writers. The fundamental issue at stake in the controversies between Malynes, Misselden, and Mun - the integration of money and international trade in a coherent explanation of economic phenomena - was also the subject of much care in the public sphere at large. The parliamentary session of 1621, in particular, put in evidence not only the fundamental relevance of the matter for understanding England's economic maladies, but also the great difficulties involved in its investigation. By bringing all these elements together, this paper seeks to articulate a more dense and meaningful portrait of the prevailing state of economic ideas in early 17th century England.