Arbitrista

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Arbitristas, a Spanish word meaning "projectors." The name of a group of reformers in 17th century Spain. The arbitristas were concerned about the decline of the economy of Spain and proposed a number of measures to reverse it. From John H. Elliott's Imperial Spain:

The arbitristas proposed that Government expenditure should be slashed, that the tax-system in Castile should be overhauled, and the other kingdoms of the Monarchy be called upon to contribute more to the royal exchequer; that immigrants should be encouraged to re-populate Castile; that fields should be irrigated, rivers be made navigable, and agriculture and industry be protected and fostered.

The Spanish leader Olivares was strongly influenced by the arbitristas.