The Corn Laws and the Casuistry of Free Trade, 1813–1815

Abstract

This chapter examines the Corn Laws debate from 1813 to 1815, focusing on the contributions of Malthus, Ricardo, and Robert Torrens. This episode has traditionally been studied as a moment of conceptual progress for political economy, above all through the emergence of the concepts of diminishing returns and comparative advantage. The account here produces different results by returning the texts of Malthus, Ricardo, and Torrens to their historical context, which is shown to be one where casuistical argument was deployed to counsel Parliament on how to resolve a policy question. In particular, the issue was whether or not Parliament ought to diverge from the principle of free trade in the pursuit of other principles of statecraft, the stability and security of the food supply preeminently. Once the texts are read as instances of casuistry, Ricardo’s famed theoretical brilliance instead appears as clumsiness and detachment from the needs of Parliament.