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How did Britain emerge as a world power and later as the world's first industrial society? What policies, cultural practices, and institutions were responsible for this outcome? How were the inevitable disruptions to social and political life coped with? This innovative volume illustrates the contribution of economic thinking (scientific, official and popular) to the public understanding of British economic experience over the period 1688-1914.Political economy has frequently served as the favourite mode of public discourse when analysing or justifying British economic policies, performance and institutions. These sixteen essays, centering on the peculiarities of the British experience, are grouped under five main themes: foreign assessments of that experience; land tenure; empire and free trade; fiscal and monetary regimes; and the poor law and welfare.This is a collaborative endeavour by historians with established reputations in their field, which will appeal to all those interested in the current development of these branches of historical scholarship.
This volume investigates how economic thought and political discourse shaped Britain's trajectory from a rising world power to the world's first industrial society between 1688 and 1914. The authors, Donald Winch and Patrick K. O'Brien, curate a collection of essays from established historians to examine the interplay between policy, cultural institutions, and economic performance. By analyzing the evolution of political economy as a mode of public discourse, the work provides a framework for understanding how Britain navigated the social and political disruptions inherent in its rapid industrialization.
What You Will Find
Experts recognize this collection as a significant contribution to the study of British economic history, particularly for its focus on the intellectual history of political economy. Readers frequently note the academic density of the prose, which is intended for scholars and students of historical and economic scholarship.
Page Count:
466
Publication Date:
2002-09-05
Publisher:
Oxford University Press
ISBN-10:
0197262724
ISBN-13:
9780197262726
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