Whig economic policy

E191571

Whig economic policy was a set of late 17th- and 18th-century British political-economic ideas favoring parliamentary supremacy, public credit, financial innovation, and commercial expansion to strengthen the state and empire.

All labels observed (2)

Label Occurrences
Whig economic ideology 1
Whig economic policy canonical 1

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf British political tradition ⓘ
economic policy ⓘ
political ideology ⓘ
aimsTo strengthen the British Empire ⓘ
strengthen the state ⓘ
appliesToPeriod 18th century ⓘ
late 17th century ⓘ
associatedWith Bank of England ⓘ
Financial Revolution in England ⓘ
linked to: Bubble Act 1720

Glorious Revolution ⓘ
fiscal-military state ⓘ
national debt of Great Britain ⓘ
country Kingdom of England ⓘ
Kingdom of Great Britain ⓘ
emergedAfter Glorious Revolution of 1688–1689 ⓘ
linked to: Glorious Revolution
favors commercial classes ⓘ
financial sector ⓘ
urban interests ⓘ
goal funding war through credit rather than arbitrary exactions ⓘ
linking private wealth to public power ⓘ
stabilizing government finances ⓘ
hasComponent creation of chartered companies ⓘ
expansion of overseas trade ⓘ
integration of financial markets with the state ⓘ
support for naval power ⓘ
taxation to service public debt ⓘ
use of long-term funded debt ⓘ
historicalContext post-1688 constitutional settlement ⓘ
rise of Britain as a commercial empire ⓘ
ideology Whiggism ⓘ
influencedBy Protestant succession ⓘ
mercantilism ⓘ
opposes absolute monarchy ⓘ
uncontrolled royal prerogative in finance ⓘ
promotedBy City of London financiers ⓘ
Whig Party ⓘ
landed aristocracy aligned with Whigs ⓘ
relatedTo British fiscal-military system ⓘ
Whig interpretation of history ⓘ
development of modern public finance ⓘ
supports commercial expansion ⓘ
financial innovation ⓘ
parliamentary supremacy ⓘ
public credit ⓘ
usesInstrument chartered joint-stock companies ⓘ
customs and excise taxes ⓘ
government bonds ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Charles Montagu, 1st Earl of Halifax → movement → Whig economic policy ⓘ
subject linked to: Charles Montagu
American System (economic plan) → influenced → Whig economic ideology ⓘ
linked to: Whig economic policy