Developing A Framework

Nahid Aslanbeigui and Guy Oakes
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Nahid Aslanbeigui: Monmouth University
Guy Oakes: Monmouth University

Chapter 3 in Arthur Cecil Pigou, 2015, pp 42-96 from Palgrave Macmillan

Abstract: Abstract On Friday afternoon, 12 June 1903, William Hewins met Joseph Chamberlain for the first time in the latter’s private room in the British House of Commons to discuss the burning fiscal issue of the time: tariff reform. Chamberlain — committed imperialist, anti-Little Englander, and self-anointed leader of the reform movement — was Colonial Secretary in the Conservative cabinet of Balfour. Hewins was the founding director of LSE, a conservative imperialist and critic of free trade, and a member of the international community of historical economists. The tariff reform controversy of 1903–6 was the most contentious British political dispute in the decade before the Great War. It split the Establishment, inflamed the public, created a disastrous rift in the Conservative Party, and ended in a Liberal landslide victory in the general election of 1906, beginning the long Liberal ascendancy that set the foundations of the British welfare state. Although this may seem improbable in the extreme, the genesis of Pigou’s research programme for economics, first set out in Wealth and Welfare, is linked to the controversy and Chamberlain’s collaboration with Hewins.1

Keywords: Free Trade; Economic Welfare; Protective Tariff; Arbitration Clause; British Worker (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:gtechp:978-1-137-31450-5_3

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DOI: 10.1057/9781137314505_3

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