The Physiocrats
In Our Time
00:00
The Origins of the Cantalists
The physiocrats wanted to undo all of that and go for a freer trade regime, primarily domestic free trade. They weren't really as good at talking about international trade, but that was new and it certainly went against a lot of traditional ideas. So what were they fighting against principally, how were they different? The cantalists who preceded them had insisted on trying to build up in some cases bullion, but in other cases just resources within them. That was a very bullionist idea,. But basically my cantalist wanted to regulate trade and try to restrict the amount of imported goods into the economy.
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