Stafford, William

The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Stafford, William


Born Mar. 1, 1554, in Rochford, Essex; died Nov. 16, 1612, in London. English economist; representative of early mercantilism.

Stafford is the alleged author of the pamphlet A CompendiousExamination of Certain Ordinary Complaints, published in 1581 under the initials “W. S.” An advocate of the active regulation of money, the pamphlet’s author considered that the debasement of coinage and the outflow of debased coinage abroad lead to higher prices and a lower standard of living at home. Stafford considered that economic problems could be solved by forbidding the export of gold and silver and regulating commerce in order to limit imports. He spoke in favor of national industry, suggesting that it would help reduce dependence on imports and at the same time lead to an improvement in the monetary balance of the country.


The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
Mentioned in ?
References in periodicals archive ?
Kim Stafford, William Stafford's son and literary executor, points out in the introduction: Stafford "was not really an 'easy' poet" (14) and as an example, refers to the famous poem "Ask Me," which invites the reader to listen to the river speak for Stafford.
Jennison, Rhodes Stafford, William Hart, William Howard Legg, E.D.
They were Nigel Hill (39) of Turney Grove, Highfields, Stafford, William Campbell (33), Julie Ryder (25) and Emily O'Byrne (21), all of Stanton Lees Road, Matlock, Derbyshire.

Full browser ?