Richard Cobden
Posts in The Copybook tagged ‘Richard Cobden’
It is not politicians and their policies that create wealth, but the hard work and ingenuity of ordinary people.
Richard Cobden MP led the fight in the House of Commons to repeal the Corn Laws, which taxed imports of grain in order to shore up Britain’s agriculture industry. The laws caused the price of bread to rise, making the poor poorer; after the laws were repealed, Britain became the manufacturing centre of the world.
The blessing of trade free from political interference was one of most important insights in British, indeed world history.
In his day, Richard Cobden (1804-1865) was regarded as Britain’s answer to Karl Marx. Where Marxism stands for State control, bloody violence and political oppression, Cobden showed that the free market led to prosperity through peace, cooperation, and freedom.