
REVIEW #15: Myth of Autarky and Self-Sufficiency from Mercantilism to Present Day: Why Do We Still Fall for Idea When Dependent on Export for Survival?
Some ideas have a tendency to survive in the minds of people, no matter how many times they are proven wrong. The economic nationalism, under the name of self-sufficiency or autarky, has not been a new concept. The idea dates back at least to the era of Mercantilism of the French monarchy under Louis XIV.