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  1. Home
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  3. Britain's Political Economies
  • Cited by 19
Publisher:
Cambridge University Press
Online publication date:
May 2017
Print publication year:
2017
Online ISBN:
9781139057875
DOI:
https://doi.org/10.1017/9781139057875
Subjects:
British History after 1450, History, Economic History
Information

Book description

The Glorious Revolution of 1688–9 transformed the role of parliament in Britain and its empire. Large numbers of statutes resulted, with most concerning economic activity. Julian Hoppit here provides the first comprehensive account of these acts, revealing how government affected economic life in this critical period prior to the Industrial Revolution, and how economic interests across Britain used legislative authority for their own benefit. Through a series of case studies, he shows how ideas, interests, and information influenced statutory action in practice. Existing frameworks such as 'mercantilism' and the 'fiscal-military state' fail to capture the full richness and structural limitations of how political power influenced Britain's precocious economic development in the period. Instead, finely grained statutory action was the norm, guided more by present needs than any grand plan, with regulatory ambitions constrained by administrative limitations, and some parts of Britain benefiting much more than others.

Reviews

'Britain’s Political Economies will fundamentally alter the way we think about the nature of Britain’s state-regulated economy before the Industrial Revolution.'

Tim Harris Source: Journal of Interdisciplinary History

‘… the great virtue of this book is that it demonstrates the sheer complexity of the way in which 'ideas' translate into 'action', and that is a valuable lesson indeed.'

Keith Tribe Source: The European Journal of the History of EconomicThought

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