Gerard De Malynes
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Gerard De Malynes
Gerard de Malynes (fl. 1585–1627) was an independent merchant in foreign trade, an English commissioner in the Spanish Netherlands, a government advisor on trade matters, assay master of the mint, and commissioner of mint affairs. His dates of birth and death are unknown. Life Malynes stated that his ancestors were from Lancashire. His father, a mint-master, may have emigrated about 1552 to Antwerp, where Gerard was born, and returned to England at the time of the restoration of the currency (1561), when Elizabeth obtained the assistance of skilled workmen from Flanders. Malynes showed how an outflow of precious metals could lead to a fall in prices for goods at home and a rise in prices abroad. This was an important clarification of the economic thought of the time. He suggested that higher import tariffs should be levied and exports of bullion prohibited, because he believed that a country's growth was related to the accumulation of precious metals.'The Penguin Dictionary of Ec ...
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Merchant
A merchant is a person who trades in commodities produced by other people, especially one who trades with foreign countries. Historically, a merchant is anyone who is involved in business or trade. Merchants have operated for as long as industry, commerce, and trade have existed. In 16th-century Europe, two different terms for merchants emerged: referred to local traders (such as bakers and grocers) and ( nl, koopman) referred to merchants who operated on a global stage, importing and exporting goods over vast distances and offering added-value services such as credit and finance. The status of the merchant has varied during different periods of history and among different societies. In modern times, the term ''merchant'' has occasionally been used to refer to a businessperson or someone undertaking activities (commercial or industrial) for the purpose of generating profit, cash flow, sales, and revenue using a combination of human, financial, intellectual and physical capit ...
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Richard Martin (Lord Mayor Of London)
Sir Richard Martin (died July 1617 in London) was an English goldsmith and Master of the Mint who served as Sheriff and twice as Lord Mayor of the City of London during the reign of Elizabeth I.Beavan Early career Richard Martyn's birth is estimated at c. 1534 on the basis of his age given as 28 in a portrait medallion by Steven van Herwijk dated 1562. He was elected a liveryman of the Worshipful Company of Goldsmiths, one of the Livery Companies or craft guilds of the City of London, in 1558. He was elected alderman for the wards of Farringdon Within 1578–1598 and Bread Street 1598–1602. He was Sheriff of London in 1581–1582. Martin was knighted in 1588–1589 and served a partial year as Lord Mayor in 1589, succeeding Sir Martin Calthrop who had died in office.Martin 1892 p.22 He was Prime Warden or head of the Goldsmiths' Company 1592–1593, chairing the Court of Wardens or governing body of the company, and served a second term as Lord Mayor in 1593–1594, s ...
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English Economists
English usually refers to: * English language * English people English may also refer to: Peoples, culture, and language * ''English'', an adjective for something of, from, or related to England ** English national identity, an identity and common culture ** English language in England, a variant of the English language spoken in England * English languages (other) * English studies, the study of English language and literature * ''English'', an Amish term for non-Amish, regardless of ethnicity Individuals * English (surname), a list of notable people with the surname ''English'' * People with the given name ** English McConnell (1882–1928), Irish footballer ** English Fisher (1928–2011), American boxing coach ** English Gardner (b. 1992), American track and field sprinter Places United States * English, Indiana, a town * English, Kentucky, an unincorporated community * English, Brazoria County, Texas, an unincorporated community * Engli ...
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16th-century English People
The 16th century begins with the Julian year 1501 ( MDI) and ends with either the Julian or the Gregorian year 1600 ( MDC) (depending on the reckoning used; the Gregorian calendar introduced a lapse of 10 days in October 1582). The 16th century is regarded by historians as the century which saw the rise of Western civilization and the Islamic gunpowder empires. The Renaissance in Italy and Europe saw the emergence of important artists, authors and scientists, and led to the foundation of important subjects which include accounting and political science. Copernicus proposed the heliocentric universe, which was met with strong resistance, and Tycho Brahe refuted the theory of celestial spheres through observational measurement of the 1572 appearance of a Milky Way supernova. These events directly challenged the long-held notion of an immutable universe supported by Ptolemy and Aristotle, and led to major revolutions in astronomy and science. Galileo Galilei became a champi ...
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Mercantilism
Mercantilism is an economic policy that is designed to maximize the exports and minimize the imports for an economy. It promotes imperialism, colonialism, tariffs and subsidies on traded goods to achieve that goal. The policy aims to reduce a possible current account (balance of payments), current account deficit or reach a current account surplus, and it includes measures aimed at accumulating foreign-exchange reserves, monetary reserves by a positive balance of trade, especially of finished goods. Historically, such policies frequently led to war and motivated colonialism, colonial expansion. Mercantilist theory varies in sophistication from one writer to another and has evolved over time. It promotes government regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. High tariffs, especially on manufactured goods, were almost universally a feature of mercantilist policy.John J. McCusker, ''Mercantilism and the Econom ...
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Edward Misselden
Edward Misselden ( fl. 1608–1654) was an English merchant, and leading member of the writers in the Mercantilist group of economic thought. He argued that international movements of money and fluctuations in the exchange rate depended upon the international trade flows and not the manipulations of the bankers, which was the popular view at the time. He suggested that trading returns should be established for purposes of statistical analysis, so that the state could regulate trade with a view to obtaining export surpluses. Life He was deputy-governor of the Merchant Adventurers' Company at Delft from 1623 until 1633. On his departure from England (October 1623) the East India Company invited him to act as one of their commissioners at Amsterdam to negotiate a private treaty with the Dutch; he had probably been employed by the Merchant Adventurers' Company in 1616 in a similar capacity. His fellow-commissioner was Robert Barlow, East India merchant. The negotiations, however, were ...
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Mount Of Piety
A mount of piety is an institutional pawnbroker run as a charitable organization, charity in Europe from Renaissance times until today. Similar institutions were established in the colonies of Catholic countries; the Mexican Nacional Monte de Piedad is still in operation. The institutions called ''Monte di Pietà'' originated in 15th-century Italy, where these instutions gave poor people access to loans with reasonable interest rates. It used funds from charitable donors as capital, and made loans to the poor so they could avoid going to exploitative lenders. Borrowers offered valuables as collateral, making the mount of piety more like a pawn shop than a bank. History This fifteenth-century institution originated in Italy; Barnabas of Terni is credited as the originator of the concept. It was developed in cities as an early form of organized Charity (practice), charity, and was intended as a reform against money lending. The public office was organized and operated by the Cath ...
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Pawnbroking
A pawnbroker is an individual or business (pawnshop or pawn shop) that offers secured loans to people, with items of personal property used as collateral. The items having been ''pawned'' to the broker are themselves called ''pledges'' or ''pawns'', or simply the collateral. While many items can be pawned, pawnshops typically accept jewelry, musical instruments, home audio equipment, computers, video game systems, coins, gold, silver, televisions, cameras, power tools, firearms, and other relatively valuable items as collateral. If an item is pawned for a loan (colloquially "hocked" or "popped"), within a certain contractual period of time the pawner may redeem it for the amount of the loan plus some agreed-upon amount for interest. In the United States the amount of time, and rate of interest, is governed by law and by the state commerce department policies. They have the same license as a bank, which is highly regulated. If the loan is not paid (or extended, if applica ...
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Usurer
Usury () is the practice of making unethical or immoral monetary loans that unfairly enrich the lender. The term may be used in a moral sense—condemning taking advantage of others' misfortunes—or in a legal sense, where an interest rate is charged in excess of the maximum rate that is allowed by law. A loan may be considered usurious because of excessive or abusive interest rates or other factors defined by the laws of a state. Someone who practices usury can be called a ''usurer'', but in modern colloquial English may be called a ''loan shark''. In many historical societies including ancient Christian, Jewish, and Islamic societies, usury meant the charging of interest of any kind, and was considered wrong, or was made illegal. During the Sutra period in India (7th to 2nd centuries BC) there were laws prohibiting the highest castes from practicing usury. Similar condemnations are found in religious texts from Buddhism, Judaism (''ribbit'' in Hebrew), Christianity, and Islam ...
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Ludovic Stewart, 2nd Duke Of Lennox
Ludovic Stewart, 2nd Duke of Lennox and 1st Duke of Richmond (29 September 157416 February 1624), lord of the manor, lord of the Manor of Cobham, Kent, was a Scotland, Scottish nobleman who through their paternal lines was a second cousin of King James VI and I, James VI of Scotland and I of England. He was involved in the Plantation of Ulster in Ireland and the colonization of Maine in New England. Cape Elizabeth, Maine, Richmond's Island and Cape Richmond as well as Richmond, Maine (formerly Fort Richmond), are named after him. His magnificent monument with effigies survives in Westminster Abbey. Origins He was the eldest son of Esmé Stewart, 1st Duke of Lennox (1542-1583), a Frenchman of Scottish ancestry, by his wife Catherine de Balsac (d.post-1630), a daughter of Guillaume de Balsac, Sieur d'Entragues, by his wife Louise d'Humières. Ludovic's father was a favourite and first cousin once removed of King James VI and I, James VI of Scotland I of England (the King's f ...
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John Harington, 2nd Baron Harington Of Exton
John Harington, 2nd Baron Harington of Exton (1592 – 27 February 1614), of Burley-on-the-Hill, Rutland was a young English peer and politician. He was the Lord Lieutenant of Rutland and Baron Harington of Exton. Early life He was the surviving son of Sir John Harington (later created Baron Harington of Exton in 1603) and his wife, Anne Keilway, daughter of Robert Keilway, Surveyor of the Court of Wards and Liveries, and was born at Combe Abbey, near Coventry, Warwickshire, in April 1592. He was admitted in 1607 to Sidney Sussex College, Cambridge, which had been founded by Frances Sidney, his father's aunt, and to which he and his father were benefactors. He was educated with the Prince of Wales and they remained close friends until the prince's death. He succeeded his father as Baron in August 1613. The actor Kit Harington is descended from Sir John's uncle, Sir James Harington, 1st Baronet Harington of Ridlington. On tour Friend and companion of Henry Frederick, Prin ...
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