Part 1 The schoolmen and their problems: beginning of scholasticism in the British Isles; commerce and ethics; growth of trade and commerce; conflict between ethics and economics. Part 2 Alexander of Hales (Alensis): community and private property; trade and commerce; Aristotle and the schoolmen on money; usury. Part 3 Ricardus de Media Villa: community and liberty; lawfulness of trade and commerce; difference between gain and interest. Part 4 John Duns Scotus: remarks on his life and work; origin of property and state; trade and commerce; usury. Part 5 The legacy of the schoolmen: preparing the way for modern times; William of Ockham; influence on modern views. Part 6 The age of mercantilism - general view: definition of mercantilism; importance of coin and bullion; the mechanism of bullionist policy; the ethics of the Angevin trade legislation; the two periods of mercantilism. Part 7 16th-century economics: price revolution and money difficulties; the "dearth" and debasement of the coinage; John Hales on the nature of money; influx of West Indian treasure; delivering money by exchange; Gerard Malynes and Thomas Milles against exchangers; excess of imports; the prime cause of the economic difficulties; the quantity theory of money - John Locke. Part 8 Balance of trade: Mediaeval and modern conception of trading; rise of the term "balance of trade"; origin of some ideas of the balance of trade; Thomas Mun and Edward Misselden; influence of the balance of trade doctrine. Part 9 The importance of manufacture: arts and crafts as a source of treasure; beginning of the protective system; Sir William Petty on money, value and international trade; Petty and his contemporaries on labour, population and wages; conflict between crown and merchants. Part 10 Recapitulation: meaning of the balance of trade; mercantilism and foreign politics. Part 11 Transition to liberal economics: introductory remarks; manufacture, credit, banking and free trade; the anti-mercantilists - Child, Barbon, Davenant; the free-trade maxims of Dudley North; the economics of the free-trade doctrine; Jacob Vanderlint, Matthew Dekker and Joseph Massie; David Hume. Part 12 Retrospect - British economics in 1750.
