Cobdenism

/ˈkɒbdənɪzəm/ noun

Definition

The political and economic principles of Richard Cobden, a 19th-century English manufacturer and politician who championed free trade and opposed protectionism.

Etymology

From the proper name Cobden plus -ism (a system of beliefs). Richard Cobden (1804-1865) led the Anti-Corn Law League, making his name synonymous with free-trade advocacy.

Kelly Says

Cobden's free-trade movement literally changed the world—by convincing Britain to drop tariffs on grain imports in 1846, he made food cheaper for millions of poor people and reshaped global economics forever!

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