Free Trade: 1793-1886

Trade is the dominant subject in nineteenth century economics. During the course of the century, Britain was transformed from a protectionist power to an open economy, a change embodied by the repeal of the Corn Laws in 1846. This is reflected in the economic literature of the period, with the qualified free trade advocacy of the early classical economists developing into more strident views of the Manchester School. However throughout the period free trade did not go unchallenged, and by t...