Tags: Economist.

Thomas Mun (17 June 1571 – 21 July 1641) was an English writer on economics who has been called the last of the early mercantilists. He was among the first to recognize the exportation of service or invisible items as valuable trade and made early statements strongly in support of capitalism. He had a set of means to enrich a kingdom which supported foreign trade by means of exporting more than importing. In other words if you spend more than you make then your wealth will decrease.

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