from Wiktionary, Creative Commons Attribution/Share-Alike License
- adj. Of, pertaining to, or believing in mercantilism.
- n. One who believes in mercantilism.
from The Century Dictionary and Cyclopedia
- n. A devotee of mercantilism; a believer in the supreme importance of trade and commerce.
- n. In political economics, an advocate of the mercantile system, or of some similar theory.
Sorry, no etymologies found.
And Lincoln was what, back then, was called a mercantilist, ie. he was in favor of gov't giving sweetheart deals to favored business interests.
[Sidenote: Restrictions on Colonial Industry] (2) The chief concern of the mercantilist was the framing of such governmental regulations of trade as would deter colonial commerce or industry from taking a turn which conceivably might lessen the prosperity of the British manufacturers or shippers, on whom Parliament depended for taxes.
With the large reserve accumulation and an explosive export growth, China has been described as mercantilist by some observers.
Change just a few nouns and Blizzard's complaints about Chinese gold farmers begin to sound like Washington's criticism of China's real-world "mercantilist" behavior, especially when globe-trotting Chinese diplomats clinch deal after multibillion-dollar deal to lock down supplies of oil and natural resources, often with despotic regimes.
True, Colbert (1662-1683), the great "mercantilist" minister, did his best to encourage new industries, such as silk production, to make rules for the better conduct of old industries, and to lay taxes on such imported goods as might compete with home products, but French industry could not be made to thrive like that of England.
In the eighteenth century the "mercantilist" craze for seizing new markets and shutting out all possible rivals brought about most of the wars that desolated Europe.
It's what inevitably happens when a large, productive country tries to run a "mercantilist"
The global imbalances created by such 'mercantilist' and
Japan did so by boldly unfair "mercantilist" measures, like non-tariff barriers that kept U.S. imports out of Japan, and interlocking corporate ownership patterns that froze American and other foreign investors out of Japanese multinationals.
Summers, who is Obama's top economics adviser, reportedly said that free trade arguments no longer held when dealing with "mercantilist" powers, a reference to China.
Wordnik is becoming a not-for-profit! Read our announcement here.