Edward Stillingfleet Cayley (1802–1862)

J. E. King
Additional contact information
J. E. King: University of Lancaster

Chapter 3 in Economic Exiles, 1988, pp 44-62 from Palgrave Macmillan

Abstract: Abstract Free trade was probably the least contentious of all the major theoretical issues of economic policy in early nineteenth-century Britain. Of reputable economists only Malthus defended the Corn Laws, and with scant success. The virtual unanimity of the classical economists on this question has led historians almost to ignore the theoretical (as opposed to the political) case for protection.1 One undeserved victim of this neglect has been E. S. Cayley, one of the most distinguished of that small minority who used serious economic arguments to defend import controls, not merely in the interests of the landed classes but also because of their contribution to the general welfare. Cayley was the author of one full-sized book, On Commercial Economy (1830), and of several pamphlets. He sat in Parliament for thirty years, frequently contributing to debates on economic and financial matters. His case for protection combined an analysis of capital accumulation and the impact of machinery with unorthodox monetary views and a thoroughgoing opposition to Say’s Law.2

Keywords: Political Economy; Free Trade; Aggregate Demand; National Debt; Monetary Reform (search for similar items in EconPapers)
Date: 1988
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07743-4_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349077434

DOI: 10.1007/978-1-349-07743-4_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().