Stafford, William

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.

A. A. KHANDRUEV

Mentioned in ?
References in periodicals archive ?
Jennison, Rhodes Stafford, William Hart, William Howard Legg, E.
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.
Two of the interviews ("What's Wrong with the American Novel" and "The Uses of History in Fiction") are panel discussions with writers such as Jean Stafford, William Styron, Robert Penn Warren, and C.

Full browser ?