Henry Martyn (economist)

Henry Martyn (baptized 1665 at Aldbourne,[1] died 1721 at Blackheath) was the English author of Considerations Upon the East India Trade (1701),[2] which

went even beyond the case for free trade advanced seventy-five years later by Adam Smith in The Wealth of Nations. Martyn’s tract contains other remarkable insights that became important features of classical political economy, such as the nature and advantages of the division of labor, the dependence of the latter on the extent of the market, the workings of a market economy, the role of money, and the impact of international trade on resource allocation, on productivity, and on economic welfare.[3]

Martyn was also a writer for The Spectator and The British Merchant.

References
  1. "Martyn [Martin], Henry (bap. 1665, d. 1721), essayist and economist". Oxford Dictionary of National Biography. doi:10.1093/ref:odnb/18185. Retrieved 2020-05-12.
  2. Anonymous; attributed to Henry Martyn or Martin (1701). Considerations upon the EAST INDIA TRADE.
  3. Maneschi, Andrea (June 2002). "The Tercentenary of Henry Martyn's Considerations upon the East-India Trade". Journal of the History of Economic Thought. 24 (2): 233–249. doi:10.1080/10427710220134385. ISSN 1469-9656.
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