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Jean-Baptiste Colbert


 

Jean-Baptiste Colbert (August 29, 1619September 6, 1683) served as the French minister of finance for 22 years under King Louis XIV. He achieved a reputation for his work of improving the state of French manufacturing and bringing the economy back from the brink of bankruptcy; although - historians note - since Louis spent so much money (on luxury and wars) France actually became increasingly impoverished. Colbert worked to create a favourable balance of trade and increase France's colonial holdings. Historians of mercantilism consider Colbert a key figure.

Trivia

  • Six ships of the French Navy bore his name in this honour:
  • A steam corvette in 1848
  • A battleship in 1875
  • A cargo in 1914
  • A dundee in 1916
  • A 10000 tonne cruiser in 1928
  • A missile cruiser