Philipp von Hörnigk

Philipp Wilhelm von Hörnigk (sometimes spelt Hornick or Horneck; 23 January 1640 – 23 October 1714) was a German civil servant one of the founders of Cameralism and a supporter of the economic theory of mercantilism.

Life

Economic work

Von Hörnigk was born in Frankfurt am Main and died in Passau. He wrote in a time when his country was constantly threatened by Turkish invasion. In Oesterreich über alles, wann es nur will (1684, Austria Over All, If She Only Will) he laid out one of the clearest statements of mercantile policy. He listed nine principles of national economy.

"(1) To inspect the country's soil with the greatest care, and not to leave the agricultural possibilities of a single corner or clod of earth unconsidered...

(2) All commodities found in a country, which cannot be used in their natural state, should be worked up within the country...
(3) Attention should be given to the population, that it may be as large as the country can support...
(4) gold and silver once in the country are under no circumstances to be taken out for any purpose...
(5) The inhabitants should make every effort to get along with their domestic products...
(6) [Foreign commodities] should be obtained not for gold or silver, but in exchange for other domestic wares...
(7) ...and should be imported in unfinished form, and worked up within the country...
(8) Opportunities should be sought night and day for selling the country's superfluous goods to these foreigners in manufactured form...
(9) No importation should be allowed under any circumstances of which there is a sufficient supply of suitable quality at home."[1]

Nationalism, self-sufficiency and national power were the basic policies proposed.[2] By 1784, 15 editions of his book had been produced.

See also

References

Citations
  1. ↑ Translating in a slightly different way, see, Ekelund, Robert B., Jr.; Hébert, Robert F. (1997). A history of economic theory and method (4th ed.). Waveland Press [Long Grove, Illinois]. pp. 40–41. ISBN 1-57766-381-0.
  2. ↑ Fusfeld (1994) p.15
Bibliography

  • Otruba, Gustav (1964). Oesterreich über alles, wann es nur will. Vienna: Bergland Verlag Wien.
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