Thomas Mun

Thomas Mun was born on June 17, 1571. See ranking, bio blurb, and everyone else born that day.

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About Thomas Mun

Sir Thomas Mun (; 17 June 1571 – 21 July 1641) was an English writer on economics and is often referred to as the last of the early mercantilists. Most notably, he is known for serving as the director of the East India Company. Due to his strong belief in the state and his prior experience as a merchant, Mun took on a prominent role during the economic depression which began in 1620. To defend the East India Company and to regain England's economic stability, Mun published A Discourse of Trade from England unto the East-Indies. Through mercantilist principles, Mun created a proposed set of "means to enrich a kingdom" which centred on ensuring that exports exceeded imports. In other words, Mun advocated for achieving a positive balance of trade which would cause England's wealth to steadily increase. He is an influential thinker in the history of economic theory.

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