Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Shifting Capital: Mercantilism and the Economics of the Act of Union of 1707

Shifting Capital: Mercantilism and the Economics of the Act of Union of 1707

Ramos, Aida

Paperback

Series: Palgrave Studies in the History of Economic Thought

EconomicsInvesting & Finance

ISBN10: 3030403645
ISBN13: 9783030403645
Publisher: Palgrave Macmillan
Published: Dec 29 2019
Pages: 143
Weight: 0.43
Height: 0.33 Width: 5.83 Depth: 8.27
Language: English

When the Act of Union was passed in 1707, Scottish parliament was dissolved and the nation's capital became London. While the general public balked at the perceived unfairness of the treaty, the majority of Scottish ministers seemed satisfied with its terms. This book offers an explanation of how that outcome came about. By examining the influence of a particular strain of mercantilist thought, Ramos demonstrates how the negotiations preceding the passage of the Act of Union were shaped by ideas of value, wealth, trade and power, and, accordingly, how the model of positive balance was used to justify the necessity of the Act.

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