Spanish Economics in the 16th Century Alexander Gallardo
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92 pages
Spanish Economics in the 16th Century by Alexander Gallardo
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Modern economics is generally credited to Adam Smith, and his Wealth of Nations, 1776, His economic theories still influence us today. Yet, Smith himself was influenced by the economic theoris of 16th century Spain. Particullarly the School ofMoreModern economics is generally credited to Adam Smith, and his Wealth of Nations, 1776, His economic theories still influence us today.
Yet, Smith himself was influenced by the economic theoris of 16th century Spain. Particullarly the School of Salamanca. This current 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 they also tried to control the New World, half of Europe, oppose the Reformation, and hold back the threats of Islam. Considering the economic problems of our times, the problems in the Middle East, and our strined relations with other European nations, this work offers insight and understanding into these concerns.
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