Arbitristas
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Arbitristas
{{italicize title The '':es:Arbitrismo, arbitristas'' were a group of reformist thinkers in late 16th and 17th century Spain concerned about the decline of the economy of Spain and proposed a number of measures to reverse it. ''Arbitristas'' directed analyses of problem and proposals ("memorials") for their solution to the king, asking him to take a particular action in the economic or political sphere. The increase in the production of proposals and analyses outlining solutions to the perceived problems of the empire were at a pace comparable to the inflation in the real economy during the price revolution of the sixteenth century and increased further with the The General Crisis, crisis of the seventeenth century. General description ''Arbitrismo'' developed mainly in Castile during the second half of the sixteenth century and the seventeenth century. It is related intellectually to the School of Salamanca. ''Arbitrismo'' is part of the first economic literature worthy of such a n ...
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Philip III Of Spain
Philip III ( es, Felipe III; 14 April 1578 – 31 March 1621) was King of Spain. As Philip II, he was also King of Portugal, Naples, Sicily and Sardinia and Duke of Milan from 1598 until his death in 1621. A member of the House of Habsburg, Philip III was born in Madrid to King Philip II of Spain and his fourth wife and niece Anna, the daughter of Holy Roman Emperor Maximilian II and Maria of Spain. Philip III later married his cousin Margaret of Austria, sister of Ferdinand II, Holy Roman Emperor. Although also known in Spain as Philip the Pious, Philip's political reputation abroad has been largely negative. Historians C. V. Wedgwood, R. Stradling and J. H. Elliott have described him, respectively, as an "undistinguished and insignificant man," a "miserable monarch," and a "pallid, anonymous creature, whose only virtue appeared to reside in a total absence of vice." In particular, Philip's reliance on his corrupt chief minister, the Duke of Lerma, drew much criticism at th ...
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Spanish Language
Spanish ( or , Castilian) is a Romance languages, Romance language of the Indo-European language family that evolved from colloquial Latin spoken on the Iberian peninsula. Today, it is a world language, global language with more than 500 million native speakers, mainly in the Americas and Spain. Spanish is the official language of List of countries where Spanish is an official language, 20 countries. It is the world's list of languages by number of native speakers, second-most spoken native language after Mandarin Chinese; the world's list of languages by total number of speakers, fourth-most spoken language overall after English language, English, Mandarin Chinese, and Hindustani language, Hindustani (Hindi-Urdu); and the world's most widely spoken Romance languages, Romance language. The largest population of native speakers is in Mexico. Spanish is part of the Iberian Romance languages, Ibero-Romance group of languages, which evolved from several dialects of Vulgar Latin in I ...
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17th-century Economic History
The 17th century lasted from January 1, 1601 ( MDCI), to December 31, 1700 ( MDCC). It falls into the early modern period of Europe and in that continent (whose impact on the world was increasing) was characterized by the Baroque cultural movement, the latter part of the Spanish Golden Age, the Dutch Golden Age, the French ''Grand Siècle'' dominated by Louis XIV, the Scientific Revolution, the world's first public company and megacorporation known as the Dutch East India Company, and according to some historians, the General Crisis. From the mid-17th century, European politics were increasingly dominated by the Kingdom of France of Louis XIV, where royal power was solidified domestically in the civil war of the Fronde. The semi-feudal territorial French nobility was weakened and subjugated to the power of an absolute monarchy through the reinvention of the Palace of Versailles from a hunting lodge to a gilded prison, in which a greatly expanded royal court could be more easil ...
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Antonio Serra
Antonio Serra was a late 16th-century Italian philosopher and economist in the mercantilist tradition. Biography Little is known about Serra's life. He was born in Cosenza in the late 16th century (the dates of his birth and death are unknownAlessandro Roncaglia, ''The wealth of ideas: a history of economic thought'', Cambridge University Press, 2005, p. 48.). When working in Naples, he applied himself to solving the enormous social and economic problems created by the Spanish viceroy system. In 1613 Serra was jailed for unknown reasons but possibly due to his involvement in a conspiracy with the philosopher Tommaso Campanella attempting to free Calabria from the Spanish domination. In his treatise, ''Breve trattato delle cause che possono far abbondare li regni d’oro e d’argento dove non sono miniere'', Serra analysed the causes of the shortage of coin in the Kingdom of Naples and the factors that could have reversed this economic trend *all the economic indicators t ...
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Bullionism
Bullionism is an economic theory that defines wealth by the amount of precious metals owned. Bullionism is an early or primitive form of mercantilism.{{Citation needed, date=October 2018 It was derived, during the 16th century, from the observation that the Kingdom of England, because of its large trade surplus, possessed large amounts of gold and silver—bullion—despite the fact that there was not any mining of precious metals in England. Examples of bullionists Thomas Milles (1550–1627) and others recommended that England increase exports to create a trade surplus, convert the surplus into precious metals, and hinder the drain of money and precious metal to other countries. England did restrict exportation of money or precious metals around 1600, but Milles wanted to resume using staple ports (ports where incoming foreign merchants were required to offer their goods for sale before anywhere else) to force merchants from abroad to use their assets to buy English goods and pr ...
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Jean-Baptiste Colbert
Jean-Baptiste Colbert (; 29 August 1619 – 6 September 1683) was a French statesman who served as First Minister of State from 1661 until his death in 1683 under the rule of King Louis XIV. His lasting impact on the organization of the country's politics and markets, known as Colbertism, a doctrine often characterized as a variant of mercantilism, earned him the nickname ''le Grand Colbert'' (; "the Great Colbert"). A native of Reims, he was appointed Intendant of Finances on 4 May 1661. Colbert took over as Controller-General of Finances, a newly elevated position, in the aftermath of the arrest of Nicolas Fouquet for embezzlement, an event that led to the abolishment of the office of Superintendent of Finances. He worked to develop the domestic economy by raising tariffs and encouraging major public works projects, as well as to ensure that the French East India Company had access to foreign markets, so that they could always obtain coffee, cotton, dyewoods, fur, pepper, ...
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Moriscos
Moriscos (, ; pt, mouriscos ; Spanish for "Moorish") were former Muslims and their descendants whom the Roman Catholic church and the Spanish Crown commanded to convert to Christianity or face compulsory exile after Spain outlawed the open practice of Islam by its sizeable Muslim population (termed ''mudéjar'') in the early 16th century. The Unified Portuguese and Spanish monarchs mistrusted Moriscos and feared that they would prompt new invasions from the Ottoman Empire after the Fall of Constantinople. So between 1609 and 1614 they began to expel them systematically from the various kingdoms of the united realm. The most severe expulsions occurred in the eastern Kingdom of Valencia. The exact number of Moriscos present in Spain prior to expulsion is unknown and can only be guessed on the basis of official records of the edict of expulsion. Furthermore, the overall success of the expulsion is subject to academic debate, with estimates on the proportion of those who av ...
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Medina Del Campo
Medina del Campo is a town and municipality of Spain located in the autonomous community of Castile and León. Part of the Province of Valladolid, it is the centre of a farming area. History Medina del Campo grew in importance thanks to its fairs held during the 15th and 16th centuries. This helped with banking and the businesses of wool, textiles, books and an enormous variety of other goods. As the population increased, the town expanded outward toward the plain of Zapardiel brook. Since then, the ''Padilla Street'' became the business centre of Medina. In 1489 a great trade agreement, that would last for 96 years, united the kingdoms of Spain and England with the reduction of trade tariffs, the recognition of France as a common enemy, and the marriage of Catherine of Aragon to King Henry VII's son, Prince Arthur (and later to King Henry VIII)—this was known as the Treaty of Medina del Campo (1489). At the time of the Revolt of the Comuneros, Medina del Campo was a major town ...
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Economy Of Spain
The economy of Spain is a Developed country, highly developed social market economy. It is the world's List of countries by GDP (nominal), sixteenth-largest by nominal GDP and the List of sovereign states in Europe by GDP (nominal), sixth-largest in Europe. Spain is a member of the European Union and the eurozone, as well as the OECD, Organization for Economic Co-operation and Development and the World Trade Organization. In 2021, Spain was the List of countries by exports, twentieth-largest exporter in the world and the List of countries by imports, sixteenth-largest importer. Spain is listed List of countries by Human Development Index, 27th in the United Nations Human Development Index and List of countries by GDP (PPP) per capita, 37th in GDP per capita by the World Bank. According to ''The Economist'' in 2005, Spain had the world's 10th highest quality of life. Some of the main areas of economic activity are the automotive industry, medical device, medical technology, chemicals ...
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