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Political economy at mid-nineteenth-century Cambridge: reform, free trade, and the figure of Ricardo

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  • Shin Kubo

Abstract

Cambridge University raised the status of Political Economy in the mid-nineteenth century, a rise finalised and symbolised by the full-fledged professorship conferred upon Henry Fawcett in 1863. This article sets out a historical description of this rise towards its final phase, by examining economic discourses of academics on the Cambridge network. The central observation is that behind this process was a gradual acceptance of free trade, gradual in the sense that it was not as a sudden reaction to the repeal of the Corn Laws but with the changing portrayal of Ricardo as the economist of rent theory.

Suggested Citation

  • Shin Kubo, 2015. "Political economy at mid-nineteenth-century Cambridge: reform, free trade, and the figure of Ricardo," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 22(5), pages 872-895, October.
    • Handle: RePEc:taf:eujhet:v:22:y:2015:i:5:p:872-895
    DOI: 10.1080/09672567.2015.1068822
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    References listed on IDEAS

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    1. Winch,Donald, 2009. "Wealth and Life," Cambridge Books, Cambridge University Press, number 9780521715393.
    2. Jones, Richard, 1831. "An Essay on the Distribution of Wealth and on the Sources of Taxation," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number jones1831.
    3. Winch,Donald, 2009. "Wealth and Life," Cambridge Books, Cambridge University Press, number 9780521887533.
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