Encyclopedia of Early Modern History Online

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Oeconomica of Old Europe
(2,554 words)

1. Subject matter

Among economists it is considered assured that mercantilism was the paradigm of economic thought in the first centuries of the early modern period. This term, coined by Victor Riqueti Mirabeau in 1763, did not gain currency, however, until Adam Smith used it to describe a view of economics (Economy, political) made obsolete by his own theory. Contemporaries from the late 16th to the early 18th centuries …

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Krauth, Wolf-Hagen, “Oeconomica of Old Europe”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 18 October 2021 <http://dx.doi.org/10.1163/2352-0272_emho_COM_024977>
First published online: 2015
First print edition: 20200721



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