A Discourse of Trade

Barbon’s A Discourse of Trade, is one of the best-known early tracts for freedom of trade, it also discusses topics as varied as the nature of value, the role of fashion in economic life, the importance of moral dispositions such as emulation and vanity, industry and liberality in commerce, and the political effects and implications of commerce.

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Citation

A Discourse of Trade. A Reprint of Economic Tracts, ed. Jacob H. Hollander (Baltimore: The Lord Baltimore Press, 1905).

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Key Quotes

Free Trade

It is not Necessity that causeth the Consumption, Nature may be Satisfied with little; but it is the wants of the Mind, Fashion, and desire of Novelties, and Things scarce, that causeth Trade. A Person may have English-Lace, Gloves, or Silk, as much as he wants, and will Buy no more such; and yet,…

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