Spanish Economics in the Sixteenth Century: Theory, Policy, and PracticeModern economics is generally credited to Adam Smith and his Wealth of Nations, written in 1776. His economic theories still influence us today. Yet, Smith was influenced by the economic theories of sixteenth century Spain. In particular the school of economics known as the School of Salamanca. Further this work shows how the great influx of gold and silver coming into Spain from the New World affected not only Spain but all of Europe. The Spanish government struggled to control inflation and the struggling Spanish economy. All the while Spain tried to control not only the New World but also half of Europe, oppose the Reformation, and hold back the threat of the advancing Islamic Ottoman Empire. Considering the economic stagnation of our times, the problems in the Middle East, and our strained relationship with various European countries, this work offers insight into understanding these concerns. |
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Spanish Economics in the Sixteenth Century: Theory, Policy, and Practice Alexander Gallardo No preview available - 2002 |
Spanish Economics in the Sixteenth Century: Theory, Policy, and Practice Alexander Gallardo No preview available - 2002 |
Common terms and phrases
110 maravedís abundance Actas alcabala Alcala de Henares average price Azpilcueta barley Castile in maravedís Colmeiro Comentario Cortes Córtes asked Córtes complained Córtes de Madrid Córtes de Toledo Córtes de Valladolid Córtes of Aragon Córtes petitioned Córtes tried Council Domingo de Soto España export farmers Francisco de Vitoria gold and silver Grice-Hutchinson Hamilton harvest Historia Ibid idea increased inflation influence Issued in Madrid king’s kingdom legal price Lugo maravedís per fanega market price Mendel Shapiro mercantilist Novisima Recopilacion Nueva Recopilacion Philip Philip II pragmatic sanc pragmatic sanction price regulation Price Revolution price trend problem procuradores resale of grain Roover Saravia scarcity Scholastic Economics School of Salamanca sell servicio sixteenth century sold Spain Spanish supply and demand tasa on wheat tasa price theory of value tions Titulo XI Titulo XXV Tomás de Mercado towns utility value of money Vitoria Wheat prices Zaragoza