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  • All HBS Web  (37)
    • News  (3)
    • Research  (20)
  • Faculty Publications  (11)

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  • All HBS Web  (37)
    • News  (3)
    • Research  (20)
  • Faculty Publications  (11)
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  • September 1983
  • Case

Friedberg Mercantile Group

By: Ray A. Goldberg
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Goldberg, Ray A. "Friedberg Mercantile Group." Harvard Business School Case 584-035, September 1983.
  • 1986
  • Chapter

Mercantilism and the Market: Antecedents of American Industrial Policy

Keywords: History; Economic Systems; Policy; Government and Politics; United States
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McCraw, T. K. "Mercantilism and the Market: Antecedents of American Industrial Policy." In The Politics of Industrial Policy, edited by Claude A. Barfield and William A. Schambra. Washington, D.C.: American Enterprise Institute for Public Policy Research, 1986.
  • June 2016
  • Case

Augustine Heard & Co.: Building a Family Business in the China Trade (B)

By: William C. Kirby and Joycelyn W. Eby
In 1861, the Heard brothers faced a decision: should they continue their family firm's business model that had made them a successful commission house in China, or was it time to make fundamental adjustments to their work? This case reveals that the brothers decided to... View Details
Keywords: China; Mercantilism; Family Business; China
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Kirby, William C., and Joycelyn W. Eby. "Augustine Heard & Co.: Building a Family Business in the China Trade (B)." Harvard Business School Case 316-186, June 2016.
  • 2013
  • Chapter

Rivalry: Greatness in Early Modern Political Economy

By: Sophus A. Reinert
Keywords: Political Economy; Mercantilism; Early Modern Britain; Economic Systems; Government and Politics; Great Britain
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Reinert, Sophus A. "Rivalry: Greatness in Early Modern Political Economy." In Mercantilism Reimagined: Political Economy in Early Modern Britain and Its Empire, edited by Philip J. Stern and Carl Wennerlind, 348–370. Oxford: Oxford University Press, 2013.
  • August 1995 (Revised October 1996)
  • Case

Futures on the Mexican Peso

By: Kenneth A. Froot, Matthew McBrady and Mark Seasholes
The Chicago Mercantile Exchange needs to decide how to design, and whether and when to introduce, a futures contract on the Mexican peso. View Details
Keywords: Exchange Rates; Money Markets; Futures Market; Country Analysis; International Finance; Financial Markets; Futures and Commodity Futures; Financial Services Industry; Chicago; Mexico
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Froot, Kenneth A., Matthew McBrady, and Mark Seasholes. "Futures on the Mexican Peso." Harvard Business School Case 296-004, August 1995. (Revised October 1996.)
  • 2017
  • Working Paper

Merchants and the Origins of Capitalism

By: Sophus A. Reinert and Robert Fredona
N.S.B. Gras, the father of Business History in the United States, argued that the era of mercantile capitalism was defined by the figure of the “sedentary merchant,” who managed his business from home, using correspondence and intermediaries, in contrast to the earlier... View Details
Keywords: Economic Systems; History; Business History
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Reinert, Sophus A., and Robert Fredona. "Merchants and the Origins of Capitalism." Harvard Business School Working Paper, No. 18-021, September 2017. (Forthcoming in Routledge Companion to the Makers of Global Business. Edited by Teresa da Silva Lopes, Christina Lubinski, Heidi Tworek (2018).)
  • January 2014 (Revised July 2016)
  • Case

Samuel Slater & Francis Cabot Lowell: The Factory System in U.S. Cotton Manufacturing

By: Tom Nicholas and Matthew Guilford
At the time of the American War of Independence (1776-1783) and for several decades after it, Great Britain dominated the global production of cotton textiles. In fact, Britain became so dominant in textile manufacturing and trading that Manchester, its industrial... View Details
Keywords: Technological Innovation; Production; Business History; Manufacturing Industry; Great Britain; Massachusetts
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Nicholas, Tom, and Matthew Guilford. "Samuel Slater & Francis Cabot Lowell: The Factory System in U.S. Cotton Manufacturing." Harvard Business School Case 814-065, January 2014. (Revised July 2016.)
  • 2019
  • Chapter

Merchants and the Origins of Capitalism

By: Sophus A. Reinert and Robert Fredona
N.S.B. Gras, the father of business history in the United States, argued that the era of mercantile capitalism was defined by the figure of the “sedentary merchant,” who managed his business from home, using correspondence and intermediaries, in contrast to the earlier... View Details
Keywords: Economic Systems; History; Business History
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Reinert, Sophus A., and Robert Fredona. "Merchants and the Origins of Capitalism." Chap. 11 in The Routledge Companion to the Makers of Global Business, edited by Teresa da Silva Lopes, Christina Lubinski, and Heidi J.S. Tworek. New York: Routledge, 2019.
  • 2018
  • Introduction

Introduction: History and Political Economy

By: Sophus A. Reinert and Robert Fredona
This volume offers a snapshot of the resurgent historiography of political economy in the wake of the ongoing global financial crisis, and suggests fruitful new agendas for research on the political-economic nexus as it has developed in the Western world since the end... View Details
Keywords: Economics; Government and Politics; History
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Reinert, Sophus A., and Robert Fredona. "Introduction: History and Political Economy." Introduction to New Perspectives on the History of Political Economy, edited by Robert Fredona and Sophus A. Reinert, 11–32. New York: Palgrave Macmillan, 2018.
  • 2018
  • Book

New Perspectives on the History of Political Economy

By: Robert Fredona and Sophus A. Reinert
This volume offers a snapshot of the resurgent historiography of political economy in the wake of the ongoing global financial crisis and suggests fruitful new agendas for research on the political-economic nexus as it has developed in the Western world since the end... View Details
Keywords: Economics; Government and Politics; History
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Fredona, Robert and Sophus A. Reinert, eds. New Perspectives on the History of Political Economy. New York: Palgrave Macmillan, 2018.
  • 29 Nov 2017
  • Research & Ideas

How to Succeed in Business (According to a 15th Century Trade Merchant)

first section, Cotrugli covers the particulars of barter, selling for cash, selling on credit (and receiving payment), and keeping one’s books “in a mercantile manner,” among other business topics. Scholars have noted that it is the... View Details
Keywords: by Julia Hanna
  • 23 Aug 2010
  • Research & Ideas

The Drive to Acquire’s Impact on Globalization

mercantilist model of government-managed trade. Japan's version of mercantilism primarily used its own banking system, as well as export revenues themselves, to generate the needed capital (in contrast to making heavy use of foreign... View Details
Keywords: by Paul R. Lawrence
  • 07 Apr 2003
  • What Do You Think?

Should Global Business Initiatives Be Devalued?

Summing Up Krishnamurthy suggested that a return of mercantilism is not a threat, and that "the present dilemma is probably an aberration that will taper off in due course." Alejandro Ocana stated bluntly, "Global... View Details
Keywords: by James Heskett
  • 26 Sep 2017
  • First Look

First Look at New Research and Ideas, September 26, 2017

Abstract—N.S.B. Gras, the father of Business History in the United States, argued that the era of mercantile capitalism was defined by the figure of the “sedentary merchant,” who managed his business from home, using correspondence and... View Details
Keywords: Sean Silverthorne
  • 15 May 2019
  • Research Event

The Unconventional Capitalism That Shapes Business History

early modern pirates in Asia can tell you as much about mercantile capitalism of the era as the activity of ostensibly regular merchants. He applied the same logic to hackers and data capitalists of today. In 1970s California, capitalist... View Details
Keywords: by Geoffrey G. Jones; Education
  • 10 Oct 2017
  • First Look

First Look at New Research and Ideas, October 10, 2017

economic―and from a variety of related perspectives, including debt and state finance, tariffs and tax policy, the encouragement and discouragement of trade, merchant communities and companies, smuggling and illicit trades, mercantile and... View Details
Keywords: Sean Silverthorne
  • 04 Mar 2014
  • First Look

First Look: March 4

Cabot Lowell (1775-1817). Slater, a skilled British textile machinery engineer, helped to develop the country's first cotton spinning mill. Lowell, a member of a prominent New England mercantile family, established the first integrated... View Details
Keywords: Sean Silverthorne
  • 31 Jan 2017
  • Research & Ideas

Why These Business School Professors Oppose Trump's Executive Order on Immigration

that mercantilism of invention should be the goal of the United States, as great good can come from ideas and innovation elsewhere that diffuse and spread. But the gains from innovation leadership are huge, ranging from the tech giants... View Details
Keywords: by Staff
  • 03 May 2004
  • Research & Ideas

Business History around the World

virtue of its size and growth, high levels of entrepreneurial energy, legalistic culture, and a number of other unusual features. In our essay we show that the business systems of Britain and the Netherlands shared many similarities. Both countries had an imperial and... View Details
Keywords: by Cynthia Churchwell
  • 14 Oct 2002
  • Research & Ideas

The Widening Rift Between Corporations and Society

a normal historical process. Just as mercantile capitalism was displaced by proprietary capitalism, and that new form was later displaced by managerial capitalism, it makes sense that managerial capitalism will be displaced by a new, more... View Details
Keywords: by Martha Lagace
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