Gerard de Malynes

Gerard de Malynes (* 1586 ; † 1641 ) was an English merchant, commissioner for the Spanish Netherlands, government advisor and official in the coinage.

According to Joseph Schumpeter's judgment, he was one of the few mercantilists who developed a theoretical argument. No 17th century author had surpassed him for a clear and complete understanding of the mechanism of foreign exchange; however, he was more impressed by the shortcomings of this mechanism at the time than by the mechanism itself.

Among other things, he published the pamphlet entitled: A Treatise of the Canker of England's Common Wealth . This is then Edward Misselden with his book The Circle of Commerce: Or, the Ballance of Trade countered. which has resulted in considerable controversy .

Fonts

The Canker of England's Common Wealth. (1601) online (PDF; 2.8 MB)
Gerard Malynes Merchant: The Maintenance of Free Trade, According to the Three Essentiall Parts of Traffique; Namely Commodities, Moneys and Exchange of Moneys, by Bills of Exchanges for other Countries. Or answer to a Treatise of Free Trade, or the meanes to make Trade floushish, lately Published. Contraria iuxta se Pofita magis Elucescunt. (1622)
Consuedo, vel, Lex Mercatoria: or, The Law Merchant: Divided into three parts, according to the Essential Parts of Traffick Necessary for All Statesmen, Judges, Magistrates, Temporal and Civil Lawyers, Mint-Men, Merchants, Mariners and Others Negotiating in all Places of the World.

literature

EAJ Johnson: Gerard De Malynes and the Theory of the Foreign Exchanges . In: The American Economic Review. Volume 23, No. 3, September 1933, pp. 441-455.
Andrea Finkelstein: Gerard de Malynes and Edward Misselden: The Learned Library of the Seventeenth-Century Merchant . ISSN 1098-7371 .
Lynn Muchmore: Gerrard de Malynes and Mercantile Economics . In: History of Political Economy. 1969; 1, pp. 336-335.
Ludovic Desmedt: The "sagesse pratique" of the premiers mercantilistes anglais: the analysis of change et du commerce extérieur au début du xviie siècle .

Individual evidence

↑ Joseph A. Schumpeter, (Elizabeth B. Schumpeter, ed.): History of economic analysis . First part of the volume. Vandenhoeck Ruprecht, Göttingen 1965, p. 434f.

personal data
SURNAME	Malynes, Gerard de
BRIEF DESCRIPTION	English businessman, representative for the Spanish Netherlands, government advisor and official in the field of coinage
DATE OF BIRTH	1586
DATE OF DEATH	1641

[1] Joseph A. Schumpeter, (Elizabeth B. Schumpeter, ed.): History of economic analysis . First part of the volume. Vandenhoeck Ruprecht, Göttingen 1965, p. 434f.