For learning. For inspiration. Or just for fun.
A Nation’s Wealth : It is not politicians and their policies that create wealth, but the hard work and ingenuity of ordinary people.
A Nation’s Wealth

Speech in the House of Commons (27 February, 1846).

Richard Cobden MP led the fight in the House of Commons to repeal the Corn Laws, which taxed imports of grain in order to shore up Britain’s agriculture industry. The laws caused the price of bread to rise, making the poor poorer; after the laws were repealed, Britain became the manufacturing centre of the world.

HOW can protection, think you, add to the wealth of a country? Can you by legislation add one farthing to the wealth of the country?

You may, by legislation, in one evening, destroy the fruits and accumulation of a century of labour; but I defy you to show me how, by the legislation of this House, you can add one farthing to the wealth of the country.

That springs from the industry and intelligence; you cannot do better than leave it to its own instincts.

If you attempt by legislation to give any direction to trade or industry, it is a thousand to one that you are doing wrong; and if you happen to be right, it is work of supererogation, for the parties for whom you legislate would go right without you, and better than with you.

Speech in the House of Commons (27 February, 1846).

More like this

Richard Cobden (5) Liberty and Prosperity (60) Free Markets (11) Victorian Era (61) History (406)

Picture: © Rover Car Club of Australia, Wikimedia Commons. Licence: CC-BY-SA 2.0. View original
A 1933 Rover 10 Special saloon and a 1925 Rover 9 open two-seater. The contrast between the British motor-car industry in private and public hands - British Leyland - remains a lesson to the world.

Amazon Books

Featured Music

Letters Game

Make words from two or more of the tiles below. What is the highest-scoring word you can make?

Press enter or type a space to see feedback on your word.

More like this: High Tiles Games with Words

Numbers Game

Make the total shown using two or more of the numbers underneath it. You can add, subtract, divide and multiply. Use any number once only.

More like this: Target Number (Mental Arithmetic Game) Mental Arithmetic

Selected Stories
By Elfric of Eynsham
Abbot Elfric unpacks the meaning of the gifts of the Three Wise Men.
The leader of 5th-century BC Athens lavished public money on the city and its adoring citizens.
Remembered as the inspiration of the famous Olympic road race, but much more important than that.
By John Milton
John Milton shows his appreciation for noble words and music in uplifting harmony.
Britain’s desperate defence against a much larger, better-prepared military machine was a costly victory.
By Adam Smith
How do we get the help of millions of people we don’t know? Only by trade.