Blackwood's Edinburgh Magazine, Volume 63, No. 387, January, 1848 by Various

Description

Blackwood’s Edinburgh Magazine, Volume 63, No. 387, January, 1848 by Various is a historical periodical published during the mid-19th century. This edition features a collection of essays and articles discussing various topics, primarily revolving around the socio-political climate of the time, including liberal legislation, economic policies, and their repercussions on British society. The beginning of this volume sets a critical tone, analyzing the last thirty years of liberal legislation in Britain. It begins by referencing prominent figures like Dr. Johnson and Napoleon to underline the theme that experience often contradicts popular economic theories. The opening article critiques the liberal policies adopted by the government, specifically focusing on the Bank Restriction Act and subsequent changes that led to economic distress, including rising crime in Ireland and the decline of British manufacturing. The author expresses alarm at the consequences of these changes, suggesting that they have exacerbated poverty and social unrest, thereby framing a narrative of impending disaster if corrective measures are not taken. (This is an automatically generated summary.)