The Upbringing of James Wilson, Economist was progressive due to his parents, William and Elizabeth Wilson. His parents were extremely wealthy, being able to delegate child-rearing to local households and being able to send their nine children to a prestigious school, Ackworth in Yorkshire. William Wilson’s wealth stemmed from his woollen manufacturing business which he …
James Wilson and Compulsory Vaccination
You would have thought that being opposed to government intervention in 19th century Britain James Wilson would have been against compulsory vaccination. But that was not the case, Jame Wilson, Founder of The Economist Magazine supported compulsory vaccination and did so in public when he was the Financial Secretary to the Treasury in the UK …
James Wilson, Finance Minister of India
James Wilson, Finance Minister of India and Sir Charles Trevelyan during Britain’s political hunger games were essentially at odds with one another but both played integral parts on the colonial stage. Laissez-faire economics determined the fate of a country and were allowed to play out even to the point of famine. Law and order were …
Free Trade vs. Protectionism
What were the Corn Laws? Corn Laws were UK laws that were raising prices of grain. They were a hindrance to international trade which was to become known as free trade. The Corn Laws impeded trade to political economists and certain government ministers. This was due to manufacturing stress on export industries such as cotton-manufacturers. …