Sir Walter Raleigh as an Economist

Extract

Sir Walter Raleigh's career as a statesman, his interest in American exploration and colonization, his part in defeating the invincible Armada, and his literary talents are familiar to students of the Elizabethan Age. A small book in the possession of the Business Library shows that he also dabbled in economics, of the practical sort with which most writers in the field of economics before Adam Smith occupied themselves.