Theme 2. The Mercantilism I. Prerequisites for emergence of the Mercantilism. II. Mercantilism as a theory. III. Mercantilism as an economic policy and its national peculiarities. IV. Relevance of the Mercantilism:
@ The components of the economic thought: economic idea economic theory economic school economic doctrine economic mainstream The logic of development of the economic thought’ components: The economic idea
Economic Liberalism: stages and characteristics. Adam Smith: a system builder. Thomas Malthus: the principle of population. David Ricardo and his monument to the deductive reasoning. The French optimist liberalists (
Emergence of the Economic Neo-Liberalism. Economic Neo-Liberalism: continuity and renovation. The Neo-Liberalist Freiburg school. Fr. von Hayek and the Austrian Ultra-liberalist school. The North-American Monetarism
Emergence of the Economic Institutionalism. German Historical School – the forerunner of the Institutionalism. Characteristics and evolution of the Institutionalism. The Negativist Institutionalism. Torstein Veblen.