Congress of German Economists
Encyclopedia
The Congress of German Economists was an association of German economist
s founded in Gotha
, in 1858. Examplar for the association was the British Anti-Corn Law League
, founded in 1838 by Richard Cobden
.
The Congress' main cause was to promote free trade and the cooperative movement. Important members of the Congress were John Prince-Smith
, Julius Faucher
, Wilhelm Adolf Lette, Hermann Schulze-Delitzsch, Heinrich Bernhard Oppenheim
and Karl Braun, who would chair most of the meetings.
With the increase of international protectionism
at the end of the 19th century, the Congress lost most of its influence. The year 1879 was a disaster year for the German pro-free trade movement, when Bismarck
enacted the iron and rye tariff
s and broke with the National Liberal Party
.
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
s founded in Gotha
Gotha (town)
Gotha is a town in Thuringia, within the central core of Germany. It is the capital of the district of Gotha.- History :The town has existed at least since the 8th century, when it was mentioned in a document signed by Charlemagne as Villa Gotaha . Its importance derives from having been chosen in...
, in 1858. Examplar for the association was the British Anti-Corn Law League
Anti-Corn Law League
The Anti-Corn Law League was in effect the resumption of the Anti-Corn Law Association, which had been created in London in 1836 but did not obtain widespread popularity. The Anti-Corn Law League was founded in Manchester in 1838...
, founded in 1838 by Richard Cobden
Richard Cobden
Richard Cobden was a British manufacturer and Radical and Liberal statesman, associated with John Bright in the formation of the Anti-Corn Law League as well as with the Cobden-Chevalier Treaty...
.
The Congress' main cause was to promote free trade and the cooperative movement. Important members of the Congress were John Prince-Smith
John Prince-Smith
John Prince-Smith was an English-born, German free trade liberal and politician.-Life:Prince-Smith was born in London, England, where his father worked as a barrister. John went to Eton in 1820, but after his father's death two years later, he found work in various jobs as an apprentice...
, Julius Faucher
Julius Faucher
Julius Faucher was a German journalist and a significant advocate of Liberalism and Free Trade...
, Wilhelm Adolf Lette, Hermann Schulze-Delitzsch, Heinrich Bernhard Oppenheim
Heinrich Bernhard Oppenheim
Heinrich Bernhard Oppenheim was a German publicist and philosopher concerned with the ideas of liberalism, free trade and international law....
and Karl Braun, who would chair most of the meetings.
With the increase of international protectionism
Protectionism
Protectionism is the economic policy of restraining trade between states through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow "fair competition" between imports and goods and services produced domestically.This...
at the end of the 19th century, the Congress lost most of its influence. The year 1879 was a disaster year for the German pro-free trade movement, when Bismarck
Otto von Bismarck
Otto Eduard Leopold, Prince of Bismarck, Duke of Lauenburg , simply known as Otto von Bismarck, was a Prussian-German statesman whose actions unified Germany, made it a major player in world affairs, and created a balance of power that kept Europe at peace after 1871.As Minister President of...
enacted the iron and rye tariff
Tariff
A tariff may be either tax on imports or exports , or a list or schedule of prices for such things as rail service, bus routes, and electrical usage ....
s and broke with the National Liberal Party
National Liberal Party (Germany)
The National Liberal Party was a German political party which flourished between 1867 and 1918. It was formed by Prussian liberals who put aside their differences with Bismarck over domestic policy due to their support for his highly successful foreign policy, which resulted in the unification of...
.
See also
- Liberalism in GermanyLiberalism in GermanyThis article aims to give an historical overview of liberalism in Germany. The liberal parties dealt with in the timeline below are, largely, those which received sufficient support at one time or another to have been represented in parliament. Not all parties so included, however, necessarily...
- LiberalismLiberalismLiberalism is the belief in the importance of liberty and equal rights. Liberals espouse a wide array of views depending on their understanding of these principles, but generally, liberals support ideas such as constitutionalism, liberal democracy, free and fair elections, human rights,...