Mercantilism is a economic school that was found in the 16th though 18th centuries. It saw trade as a sort of low-intensity warfare, in which one partner tried to get as big a piece of the "pie" than the others. It was focused on discouraging imports and on encouraging exports. The thought was that imports … Continue reading Mercantilism

Juan de Mariana’s Constitutionalism

Constitutionalism is the philosophy that there should exist some limit on the authority of the sovereign, or on the power of the established government. Constitutionalism does not rely on the existence of a physical document like the United States Constitution; instead, it usually relies on tradition. One of the key constitutionalist thinkers was Juan de … Continue reading Juan de Mariana’s Constitutionalism