He lived in London, England at a time when mercantilism was the dominant economic view.
生活在英国伦敦,当时重商主义是占主导地位的经济观点。

The Economics Book (Big Ideas Simply Explained) 
The Economics Book (Big Ideas Simply Explained) He viewed capitalism as a historically necessary stage in economic progress, replacing systems that he considered to be outmoded—feudalism, where peasants were legally tied to their local land-owning lord, and mercantilism, in which governments control foreign trade.
认为资本主义是经济进步中一
历史必然的阶段,取代了
认为过时的制度——封建主义,农民在法律上被束缚于本地地主;以及重商主义,
中政府控制对外贸易。
Smith rejected government intervention in the economy to help merchants—the source of the name " mercantilism" —and instead advocated free markets along the lines of the French economists, the Physiocrats, who had coined the term laissez faire.
史密斯拒绝政府为帮助商人而干预经济——“重商主义”这
名字的来源——而是按照法国经济学家、重农主义者的路线提倡自由市场,重农主义者创造了“自由放任”一词。
Marshall, for example, although his references to mercantilism are not altogether unsympathetic, had no regard for their central theory as such and does not even mention those elements of truth in their contentions which I shall examine below.
例如,马歇尔,虽然
对重商主义的提及并非完全没有同情心,但
并没有考虑到重商主义的中心理论本身,甚至没有提到
们论点中的那些真理要素,我将在下面进行考察。