Thomas Mun, Date of Birth, Place of Birth, Date of Death

Thomas Mun

Economist and businessperson

Date of Birth: 17-Jun-1571

Place of Birth: London

Date of Death: 21-Jul-1641

Profession: writer, economist

Nationality: United Kingdom

Zodiac Sign: Gemini

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.
Thomas Mun is also widely considered to be a sophisticated thinker and has become a hugely important part of the history of economic theory.