An Economic History of the World since 1400. Episode 10, Adam Smith, Mercantilism, State Building.
- 1 online resource (streaming video file) (29 minutes): digital, .flv file, sound
Title from title frames. Film In Process Record.
Donald J. Harreld
Originally produced by The Great Courses in 2016.
According to Adam Smith, if labor creates value, then the amount of wealth in the world could increase by the collective efforts of a nation. Welcome to the dawn of mercantilism, which, as you'll learn here, radically redefined how rulers used economic policy-specifically to further the process of state building.