Abstract
InMercantilism as a Rent-Seeking SocietyRobert Ekelund and Robert Tollison want to alter our basic approach to mercantilism by arguing that mercantilist economics should be viewed as the pursuit of economic rents. At various points they make scathing comments about the existing view which, as depicted by Eli Heckscher and Jacob Viner, focuses on the balance of trade. It is most appropriate to set out their theses in their own words, thereby bringing out what I perceive to be most distinctive about the Ekelund—Tollison interpretation.1
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Rashid, S. (1993). Mercantilism: A Rent-Seeking Society?. In: Magnusson, L. (eds) Mercantilist Economics. Recent Economic Thought Series, vol 33. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1408-0_5
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DOI: https://doi.org/10.1007/978-94-011-1408-0_5
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