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Source link: http://archive.mises.org/14841/lord-townshend-on-trade-and-morality/

Lord Townshend on Trade and Morality

December 2, 2010 by

Charles, the third Viscount Townshend (1700–1764), has been shamefully neglected by virtually all historians of economic thought. He is virtually unknown and is often confused with his son of the same name. FULL ARTICLE by Murray Rothbard


William December 2, 2010 at 8:24 pm

It should be noted that “corn” at the time in England was a general term for all grains, not just corn as Americans know it today.

P.M.Lawrence December 5, 2010 at 10:10 am

Not just at the time; it still is, apart from in specialised terms like “corn flakes” or US media offerings, brought in from the USA. The thing is, maize simply doesn’t grow properly that far north (it’s a length of day thing, not a climate one), so there isn’t any physical commodity there to provide a referent for corn in any other sense than the original sense.

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