Mercantilism

Mercantilism

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The Code of Hammurabi

Misha Glenny and guests discuss the laws that Hammurabi (c1810 - c1750 BC), King of Babylon, had carved into a black basalt pillar in present day Iraq and which, since its rediscovery in 1901 in present day Iran, has affirmed Hammurabi's reputation as one of the first great lawma ...  Show more

The Roman Arena

Misha Glenny and guests discuss the countless venues across the Roman Empire which for over five hundred years drew the biggest crowds both in the Republic and under the Emperors. The shows there delighted the masses who knew, no matter how low their place in society, they were m ...  Show more

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Melvyn Bragg and guests discuss how, between the 16th and 18th centuries, Europe was dominated by an economic way of thinking called mercantilism. The key idea was that exports should be as high as possible and imports minimised. For more than 300 years, almost every ruler and po ...  Show more

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Adam Smith, a moral philosopher and economist, was born in Scotland, the son of a customs officer. In 1776 he published a book called 'An Inquiry into the Nature and Causes of the Wealth of Nations’. Smith basically argued against the over regulation of commerce and said if peopl ...  Show more