The Coming of Age of Political Economy, 1815-1825

By Gary F. Langer | Go to book overview

4 Allies of Political Economy

I have the satisfaction of observing that the opinions which I deem the correct ones are daily gaining ground. Col. Torrens is becoming one of the most efficient advocates for the right principles, as may be seen both in his review of Owen in the Edinburgh, and in the last edition of his work on the impolicy of restrictions on the importation corn. Lord King too, with whom I have lately conversed, is also marshalled on our side. McCulloch has I am told an article in the Edinburgh just printed, in favor of free trade, and I dare say it is a good one. That we are improving is manifest from this that a petition is preparing in the city to Parliament in favor of free trade, in which the merchants (the petitioners) with great ability urge the advantages which would result from unrestrained commerce. It is very respectably signed and will be presented to the H. of Commons by Mr. Baring. That the merchants should condemn and expose the mercantile system is no unimportant evidence of the progress of liberal opinions.

Ricardo to Trower ( 13 March 1820)1

The celebrated masters of political economy were not the only people talking about political economy during these years. Indeed, it is as much to their allies and other admirers of the science that the celebrity it obtained is owed. Political economy and the political economists made a profound impression on a great many who occupied positions of distinction in scientific, literary, and political life. Through their efforts, often in alliance with the economists and usually appealing to the authority of the science, it was brought to bear on a variety of social and political causes. This chapter looks at the lives of a number of such

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The Coming of Age of Political Economy, 1815-1825
Table of contents

Table of contents

  • Recent Titles in Contributions in Economics and Economic History Series Editor. Robert Sobel ii
  • Title Page iii
  • Contents ix
  • Tables and Figures xi
  • Acknowledgments xiii
  • Abbreviations xv
  • 1 - Introduction 1
  • Introduction 9
  • Note 10
  • Part I - The Meaning of Political Economy 11
  • 2 - What Political Economy Meant 13
  • 3 - The Celebrated Masters of Political Economy 27
  • 4 - Allies of Political Economy 51
  • 5 - Opposition to Political Economy 83
  • Part II - Political Economy and Societ 99
  • 6 - Money and Distress 101
  • 7 - Free Trade 129
  • Epilogue 191
  • Notes 193
  • Appendix A Syllabus of George Pryme's Lectures on Political Economy 195
  • Title Page 196
  • Preface 197
  • Preface 198
  • A SYLLABUS &c. &c. Introductory Lecture 200
  • Bibliography 209
  • Index 219
  • About the Author 224
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