Manchester school of economics

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The Manchester school of economics (sometimes referred to simply as "the Manchester school") was a political movement that sought the implemention of the recommendations of classical economics, and in particular the advocacy of competition and free trade by Adam Smith and David Ricardo, and that pioneered Britain's abandonment of the then traditional doctrine of mercantilism. The movement was led by British businessmen and Members of Parliament, Richard Cobden[1] and John Bright[2]

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