Manchester School of economics

E725100

The Manchester School of economics was a 19th-century British liberal economic movement that championed free trade, laissez-faire policies, and minimal government intervention in markets.

All labels observed (2)

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Statements (49)

Predicate Object
instanceOf classical liberal movement
economic school of thought
advocatesPolicy balanced government budgets
low taxation
non-interventionist foreign policy
associatedWith Anti-Corn Law League
Manchester Chamber of Commerce
Manchester Guardian
corePrinciple belief in harmony of economic interests
non-interference of the state in markets
opposition to the Corn Laws
support for peace through trade
unilateral free trade
country United Kingdom
emergedInContextOf Industrial Revolution in Britain
debate over Corn Laws
field economics
hasAlternativeName Manchester School
Manchester liberal school
hasKeyFigure Harriet Martineau
John Bright
Richard Cobden
Thomas Perronet Thompson
William J. Fox
historicalSignificance helped entrench free trade in 19th-century British policy
major force in repeal of the Corn Laws
ideology economic liberalism
free trade
laissez-faire
minimal government intervention
influenced 19th-century free trade movements
British liberalism
Cobden–Chevalier Treaty advocacy
influencedBy Adam Smith
David Ricardo
Jean-Baptiste Say
classical economics
locatedIn England
Great Britain
Manchester
movementPeriod 19th century
opposes protectionism
state intervention in the economy
tariff barriers
politicalOrientation liberal
regionOfInfluence Britain
linked to: Great Britain

Europe
viewOnLaborRegulation opposes extensive labor market regulation
viewOnWelfare skeptical of state welfare provision

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Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Richard Cobden movement Manchester School of economics
Young England movement opposedTo Manchester School economics
linked to: Manchester School of economics