From the Corn Laws to Free Trade: Interests, Ideas, and Institutions in Historical Perspective
AbstractThe repeal of Britain's Corn Laws in 1846--one of the most important economic policy decisions of the nineteenth century--has long intrigued and puzzled political scientists, historians, and economists. Why would a Conservative prime minister act against his own party's interests? The Conservatives entered government in 1841 with a strong commitment to protecting agriculture; five years later, the Conservative Prime Minister Sir Robert Peel presided over repeal of the protectionist Corn Laws, violating party principles and undercutting the economic interests of the land-owning aristocracy. Only a third of Conservative members of Parliament supported the repeal legislation and within a month of repeal, Peel's government fell. The Conservatives remained out of power for decades. In this definitive book, Cheryl Schonhardt-Bailey examines the interacting forces that brought about the abrupt beginning of Britain's free-trade empire. Using a wide variety of methodological tools to measure both qualitative and quantitative data (including computer-assisted content analysis of thousands of pages of parliamentary debates), Schonhardt-Bailey concludes that economic interests provided the momentum behind repeal, a momentum that overshadowed almost all else. Indeed, as part of a broader momentum of democratic reform, these same interests, left unsatisfied, may easily have snowballed into revolution--as Sir Robert Peel and others feared. But interests alone did not explain why reform rather than revolution emerged in mid-nineteenth century Britain. In order to resolve more fully the long-standing puzzle of repeal, Schonhardt-Bailey traces the overlapping and intertwined forces of interest, ideas, and institutions.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoThis book is provided by The MIT Press in its series MIT Press Books with number 0262195437 and published in 2006.
Contact details of provider:
Web page: http://mitpress.mit.edu
Find related papers by JEL classification:
- N43 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: Pre-1913
- N53 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Europe: Pre-1913
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Tena-Junguito, Antonio & Lampe, Markus & Fernandes, Felipe Tâmega, 2012.
"How Much Trade Liberalization Was There in the World Before and After Cobden-Chevalier?,"
The Journal of Economic History,
Cambridge University Press, vol. 72(03), pages 708-740, September.
- Antonio Tena Junguito & Markus Lampe & Felipe Tâmega, 2012. "How much trade liberalization was there in the world before and after Cobden-Chevalier?," Working Papers in Economic History wp12-02, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- Anderson, Kym & Rausser, Gordon & Swinnen, Johan, 2012.
"Political Economy of Public Policies: Insights from Distortions to Agricultural and Food Markets,"
CEPR Discussion Papers
9221, C.E.P.R. Discussion Papers.
- Kym Anderson & Gordon Rausser & Johan Swinnen, 2013. "Political Economy of Public Policies: Insights from Distortions to Agricultural and Food Markets," Journal of Economic Literature, American Economic Association, vol. 51(2), pages 423-77, June.
- Anderson, Kym & Rausser, Gordon & Swinnen, Johan, 2013. "Political economy of public policies : insights from distortions to agricultural and food markets," Policy Research Working Paper Series 6433, The World Bank.
- Kym Anderson & Gordon Rausser & Johan Swinnen, 2012. "Political Economy of Public Policies: Insights from Distortions to Agricultural and Food Markets," Departmental Working Papers 2012-18, The Australian National University, Arndt-Corden Department of Economics.
- Kym Anderson & Gordon Rausser & Johan Swinnen, 2012. "Political Economy of Public Policies: Insights from Distortions to Agricultural and Food Markets," LICOS Discussion Papers 32312, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
- Cousins, Mel, 2011. "The Voting Behaviour of the Irish parliamentary party on social issues in the House of Commons 1881-90," MPRA Paper 30102, University Library of Munich, Germany.
- Javier San Julian Arrupe (Universitat de Barcelona), 2012. "Economic ideas and tax policy: The introduction of progressivity in tax systems in Western Europe. The cases of France and Spain," Working Papers in Economics 285, Universitat de Barcelona. Espai de Recerca en Economia.
- Nye, John V.C., 2009.
"Political Economy of Anglo-French Trade, 1689-1899:Agricultural Trade Policies, Alcohol Taxes and War,"
Agricultural Distortions Working Paper
50295, World Bank.
- Nye, John V.C., 2009. "Political Economy of Anglo-French Trade, 1689-1899: Agricultural Trade Policies, Alcohol Taxes, and War," Working Papers 53881, American Association of Wine Economists.
- Martin, Nona & Storr, Virgil Henry, 2012. "Talk changes things: The implications of McCloskey's Bourgeois Dignity for historical inquiry," The Journal of Socio-Economics, Elsevier, vol. 41(6), pages 787-791.
- Salvadori, Neri & Signorino, Rodolfo, 2013. "The Malthus versus Ricardo 1815 Corn Laws Controversy: An appraisal," MPRA Paper 50534, University Library of Munich, Germany.
- Anderson, Kym, 2009. "Political Economy of Distortions to Agricultural Incentives: Introduction and Summary," Agricultural Distortions Working Paper 50306, World Bank.
- Broadberry, Stephen & Gardner, Leigh, 2013. "Africa's Growth Prospects in a European mirror: a Historical Perspective," CAGE Online Working Paper Series 171, Competitive Advantage in the Global Economy (CAGE).
- Uebele, Martin, 2011. "National and international market integration in the 19th century: Evidence from comovement," Explorations in Economic History, Elsevier, vol. 48(2), pages 226-242, April.
- Benjamin Zissimos, 2011. "Social Conflict and the Stolper-Samuelson Theorem," Vanderbilt University Department of Economics Working Papers 1109, Vanderbilt University Department of Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jake Furbush).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.