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The economic aspects, in addition to the religious aspects. (Time period…
The economic aspects, in addition to the religious aspects.
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Economic
Danish
Agriculture
European
Age of Enlightenment
Rejected predominant mercantilism concept, protectionist measures
Enlightenment was predecessor to Adam Smith's (1723-1790) theory of 'the invisible hand', wherein society acts practically for its own benefit, without any intervention and is able to function optimally
Gave rise to Physiocrats, who are considered the fathers of modern Economics
A period of scientific and theological revolution that upended the norms and replaced them with logical ways of thinking
Pragmatic, practical thinking
Big believer in the power of reason, this is evident in his works, and while humor is present, there is always an underlying moral in his works that brings back the element of reason and clear thinking
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