Something to Think About #106 – Information, Not Advice #27: Mercantilism By Klarise Yahya

Mercantilism began sometime in the 1400s, rising quickly before beginning a long, slow collapse. Its terminal decline began with the success of the American Revolution (England: 1783) and peaked with the independence of India (England: 1947) and the Democratic Republic of the Congo (Belgium: 1960).  Mercantilism was, at root, a parasitical economic system whereby the…