Thomas Mun

Thomas Mun was a 17th-century English economist and merchant known for his influential ideas on trade and national wealth. He was a prominent advocate of mercantilism, a theory that emphasized the importance of a favorable balance of trade. Mun argued that a country should export more than it imports to accumulate wealth, particularly in precious metals like gold and silver. His main work, "England's Treasure by Foreign Trade," outlined these principles, establishing him as a key figure in early economic thought and shaping policies that viewed trade as essential for a nation's prosperity.