ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax


George Canning opposed the Great Reform Act (which made Britain substantially more democratic) precisely because he saw the common people as too bellicose (or more particularly, eager to start wars but lacking the patience to win them).
The irony is that Cobden's successors wound up pursuing their own wars, except that instead of being (nominally) for the national interest, Gladstone was happy to pursue wars for reasons we would now see as neo-Conservative.
What exactly is " Foxite propaganda"? Never heard the word.
Foxite from Charles James Fox, the leader of the Whig opposition at the time of the French Revolution. He took this Cobden line that the Revolution was wonderful and blaming Britain for the French Revolutionary Wars. Burke took the opposite view and it split the Whigs.
"[Cobden] began like an orthodox public choice economist, blaming special interests for wars against the public interest."
"But then the facts rudely introduced Cobden to the reality of voter irrationality."
Isn't it rather anachronistic to squeeze the evolution of Cobden's thought into the analytical framework of today's GMU economists?
"I believe that GMU economists attempt to design frameworks that work on all humans. It wouldn't be a good framework if it didn't also explain the actions of people in the past."
I'm sure GMU economists, like most economists, hope their theories are of general applicability to the human situation, or at least explain more rather than fewer cases, and historical episodes as well as current events. That said, I suggest it's not very useful to understand the evolution of Cobden's thought through the prism of economic analysis, even a sophisticated mix of orthodox public choice and Bryan's voter irrationality model.
I stayed up late last night reading Raico's freely downloadable book and much enjoyed it. My thanks to Bryan Caplan and David Henderson for the tasty link. Chapter I, Raico's overview of World War I, was my favorite. "British propaganda was, as always, topnotch." -- well said!