Despotic Liberalism and the Decline of Grain Market Regulation in Europe 1760-1850

Karl Gunnar Persson
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Karl Gunnar Persson: Institute of Economics, University of Copenhagen

No 95-17, Discussion Papers from University of Copenhagen. Department of Economics

Abstract: The paper analyzes the long century of deregulation of European grain markets. Eighteen century reformers won the intellectual battle as to the merits of laissez-faire markets for grain but failed to convince the angry crowds which were alerted by temporary increases in prices. Not until falling transport prices in the nineteenth century helped the integration of markets did they perform well enough to end popular endorsement of traditional market intervention.

JEL-codes: N23 N43 N73 (search for similar items in EconPapers)
Pages: 21 pages
Date: 1995-12
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Persistent link: https://EconPapers.repec.org/RePEc:kud:kuiedp:9517

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