Political Economy and Imperial Governance in Eighteenth-Century Britain

Political Economy and Imperial Governance in Eighteenth-Century Britain

Author: Heather Welland

Publisher: Routledge

Published: 2021-06-15

Total Pages: 187

ISBN-13: 1000394255

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This book examines the relationship between imperial governance and political economy in eighteenth-century Britain, particularly in Canada and Ireland. It is concerned with the way economic ideology and party politics were mutually constitutive; and with the way extra-parliamentary interests both facilitated, and were co-opted into, strategies of governance and commercial regulation. Rather than treat political economy as a pre-existing intellectual orthodoxy that shaped imperial policymaking, it focuses on the ways in which economic thought was generated in moments of imperial crisis – especially those where politicians, commercial interest groups, and pamphleteer economists were forced to wrestle with the tensions between economic growth, political authority, and social stability. By rooting economic discourse and debate in specific problems of imperial commerce and administration, and by highlighting the many different actors and negotiations that produced economic policy, it argues that the transition from mercantilism to liberalism – the shift from protectionism to free trade – is a flawed description of eighteenth-century developments in economic thought.


The Political Economy of Empire in the Early Modern World

The Political Economy of Empire in the Early Modern World

Author: S. Reinert

Publisher: Palgrave Macmillan

Published: 2013-01-01

Total Pages: 241

ISBN-13: 9781349311590

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This collection of essays draws on fresh readings of classic texts as well as rigorous research in the archives of Europe's greatest imperial power. Its contributors paint a powerful picture of the nature and implementation of political economy in the long eighteenth century, from the East to the West Indies.


Political Economy and Imperial Governance in Eighteenth-Century Britain

Political Economy and Imperial Governance in Eighteenth-Century Britain

Author: Heather Welland

Publisher: Routledge

Published: 2021

Total Pages: 194

ISBN-13: 9781003022886

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"This book examines the relationship between imperial governance and political economy in eighteenth-century Britain, particularly in Canada and Ireland. It is concerned with the way economic ideology and party politics were mutually constitutive; and with the way extra-parliamentary interests both facilitated, and were co-opted into, strategies of governance and commercial regulation. Rather than treat political economy as a pre-existing intellectual orthodoxy that shaped imperial policymaking, it focuses on the ways in which economic thought was generated in moments of imperial crisis - especially those where politicians, commercial interest groups, and pamphleteer economists were forced to wrestle with the tensions between economic growth, political authority, and social stability. By rooting economic discourse and debate in specific problems of imperial commerce and administration, and by highlighting the many different actors and negotiations that produced economic policy, it argues that the transition from mercantilism to liberalism - the shift from protectionism to free trade - is a flawed description of eighteenth-century developments in economic thought"--


The Rise of Economic Societies in the Eighteenth Century

The Rise of Economic Societies in the Eighteenth Century

Author: K. Stapelbroek

Publisher: Springer

Published: 2012-08-30

Total Pages: 347

ISBN-13: 1137265256

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This collection of essays explores the emergence of economic societies in the British Isles and their development into a European, American and global reform movement in the eighteenth century. Its fourteen contributions demonstrate the intellectual horizons and international networks of this widespread and influential phenomenon.


Revolution Against Empire

Revolution Against Empire

Author: Justin du Rivage

Publisher: Yale University Press

Published: 2017-06-27

Total Pages: 392

ISBN-13: 0300227655

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A bold transatlantic history of American independence revealing that 1776 was about far more than taxation without representation Revolution Against Empire sets the story of American independence within a long and fierce clash over the political and economic future of the British Empire. Justin du Rivage traces this decades-long debate, which pitted neighbors and countrymen against one another, from the War of Austrian Succession to the end of the American Revolution. As people from Boston to Bengal grappled with the growing burdens of imperial rivalry and fantastically expensive warfare, some argued that austerity and new colonial revenue were urgently needed to rescue Britain from unsustainable taxes and debts. Others insisted that Britain ought to treat its colonies as relative equals and promote their prosperity. Drawing from archival research in the United States, Britain, and France, this book shows how disputes over taxation, public debt, and inequality sparked the American Revolution—and reshaped the British Empire.


Britain's Political Economies

Britain's Political Economies

Author: Julian Hoppit

Publisher: Cambridge University Press

Published: 2017-05-18

Total Pages: 415

ISBN-13: 1107015251

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An innovative account of how thousands of acts of parliament sought to improve economic activity during the early industrial revolution.


Bills of Union

Bills of Union

Author: Aaron Graham

Publisher: Springer Nature

Published: 2021-03-12

Total Pages: 147

ISBN-13: 3030676773

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This book brings together for the first time more than half a dozen proposals for an imperial paper currency in the mid-eighteenth century British Atlantic, to show how manage colonial currency and banking in the expanding empire. Existing studies have looked at the successes and failures of schemes in individual colonies. But some had grander ambitions, such as Benjamin Franklin, and offered proposals for ‘imperial’ or ‘continental’ paper currencies and monetary unions which would help knit together colonial territories throughout North America and even the Caribbean into a cohesive whole during a moment of imperial reform. This book brings together these proposals for the first time, including several never studied before, to show how thinkers and writers on empire, currency and finance drew on financial practices, precedents and principles from across the British Atlantic to present their own visions of monetary union and the future of empire. In doing so it makes an important and original contribution to the wider histories of monetary and financial thought and theory and the roots of American monetary policy, and the links between finance, empire, politics, reform and revolution. It will be of interest to academics working on the history of finance, banking and currency in the British Isles, North America and the Caribbean in the eighteenth century, as well as those working on the political economy of the British Empire, including mercantilism, trade, warfare and the politics of empire in the decades leading up to the American Revolution.


The Inner Life of Empires

The Inner Life of Empires

Author: Emma Rothschild

Publisher: Princeton University Press

Published: 2011-05-09

Total Pages: 496

ISBN-13: 1400838169

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The birth of the modern world as told through the remarkable story of one eighteenth-century family They were abolitionists, speculators, slave owners, government officials, and occasional politicians. They were observers of the anxieties and dramas of empire. And they were from one family. The Inner Life of Empires tells the intimate history of the Johnstones--four sisters and seven brothers who lived in Scotland and around the globe in the fast-changing eighteenth century. Piecing together their voyages, marriages, debts, and lawsuits, and examining their ideas, sentiments, and values, renowned historian Emma Rothschild illuminates a tumultuous period that created the modern economy, the British Empire, and the philosophical Enlightenment. One of the sisters joined a rebel army, was imprisoned in Edinburgh Castle, and escaped in disguise in 1746. Her younger brother was a close friend of Adam Smith and David Hume. Another brother was fluent in Persian and Bengali, and married to a celebrated poet. He was the owner of a slave known only as "Bell or Belinda," who journeyed from Calcutta to Virginia, was accused in Scotland of infanticide, and was the last person judged to be a slave by a court in the British isles. In Grenada, India, Jamaica, and Florida, the Johnstones embodied the connections between European, American, and Asian empires. Their family history offers insights into a time when distinctions between the public and private, home and overseas, and slavery and servitude were in constant flux. Based on multiple archives, documents, and letters, The Inner Life of Empires looks at one family's complex story to describe the origins of the modern political, economic, and intellectual world.


Translating Empire

Translating Empire

Author: Sophus A. Reinert

Publisher: Harvard University Press

Published: 2011-10-17

Total Pages: 454

ISBN-13: 0674063236

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Historians have traditionally used the discourses of free trade and laissez faire to explain the development of political economy during the Enlightenment. But from Sophus Reinert’s perspective, eighteenth-century political economy can be understood only in the context of the often brutal imperial rivalries then unfolding in Europe and its former colonies and the positive consequences of active economic policy. The idea of economic emulation was the prism through which philosophers, ministers, reformers, and even merchants thought about economics, as well as industrial policy and reform, in the early modern period. With the rise of the British Empire, European powers and others sought to selectively emulate the British model. In mapping the general history of economic translations between 1500 and 1849, and particularly tracing the successive translations of the Bristol merchant John Cary’s seminal 1695 Essay on the State of England, Reinert makes a compelling case for the way that England’s aggressively nationalist policies, especially extensive tariffs and other intrusive market interventions, were adopted in France, Italy, Germany, and Scandinavia before providing the blueprint for independence in the New World. Relatively forgotten today, Cary’s work served as the basis for an international move toward using political economy as the prime tool of policymaking and industrial expansion. Reinert’s work challenges previous narratives about the origins of political economy and invites the current generation of economists to reexamine the foundations, and future, of their discipline.


The Trouble with Tea

The Trouble with Tea

Author: Jane T. Merritt

Publisher: JHU Press

Published: 2017-02-04

Total Pages: 319

ISBN-13: 1421421542

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How tea’s political meaning shaped the culture and economy of the Anglo-American world. Americans imagined tea as central to their revolution. After years of colonial boycotts against the commodity, the Sons of Liberty kindled the fire of independence when they dumped tea in the Boston harbor in 1773. To reject tea as a consumer item and symbol of “taxation without representation” was to reject Great Britain as master of the American economy and government. But tea played a longer and far more complicated role in American economic history than the events at Boston suggest. In The Trouble with Tea, historian Jane T. Merritt explores tea as a central component of eighteenth-century global trade and probes its connections to the politics of consumption. Arguing that tea caused trouble over the course of the eighteenth century in several different ways, Merritt traces the multifaceted impact of that luxury item on British imperial policy, colonial politics, and the financial structure of merchant companies. Merritt challenges the assumption among economic historians that consumer demand drove merchants to provide an ever-increasing supply of goods, thus sparking a consumer revolution in the early eighteenth century. The Trouble with Tea reveals a surprising truth: that concerns about the British political economy, coupled with the corporate machinations of the East India Company, brought an abundance of tea to Britain, causing the company to target North America as a potential market for surplus tea. American consumers only slowly habituated themselves to the beverage, aided by clever marketing and the availability of Caribbean sugar. Indeed, the “revolution” in consumer activity that followed came not from a proliferation of goods, but because the meaning of these goods changed. By the 1750s, British subjects at home and in America increasingly purchased and consumed tea on a daily basis; once thought a luxury, tea had become a necessity. This fascinating look at the unpredictable path of a single commodity will change the way readers look at both tea and the emergence of America. “By tackling a commodity we think we already know in its political, economic, and cultural dimensions, Jane T. Merritt demonstrates that the true story of tea is more complex and global than readers might expect. The Trouble with Tea is a surprising and detailed look at how the long-term moral debates over tea overlapped with and offered a vocabulary for the politicized debates of the Revolutionary War era.” —Ellen Hartigan-O’Connor, author of The Ties that Buy: Women and Commerce in Revolutionary America “Long before Bostonians dumped tea overboard, tea was trouble: as trading companies pushed it and consumers sipped it, tea sparked debates over free trade and dangerous luxuries. With her wide-ranging command of global commerce and domestic politics, Merritt tells a vital tale about how tea shaped our world.” —Benjamin L. Carp, author of Defiance of the Patriots: The Boston Tea Party and the Making of America