| They begin with early mercantilists as a lead up to Adam Smith, where they place the genesis of economic thought. |
| A somewhat progressive treaty revision with Britain was scuttled after British mercantilists raised protests at its concessions. |
| Just a few miles away lie the forts where the mercantilists once housed African slaves. |
| The weakness of the economists is that they are never as harsh on the foreign mercantilists as they are on domestic protectionists. |
| Many mercantilists also realized that the inevitable results of quotas and price ceilings were black markets. |
| It was the mercantilists who bridged the gap and, later on, Adam Smith built the whole edifice of economics. |
