By the American Revolution, the farmers and city-dwellers of British America had achieved, individually and collectively, considerable prosperity. The nature and extent of that success are still unfolding. In this first comprehensive assessment of where research on prerevolutionary economy stands, what it seeks to achieve, and how it might best proceed, the authors discuss those areas in which traditional work remains to be done and address new possibilities for a 'new economic history.'
A study of early transatlantic trade in South Carolina that exposes the divisive complexity that led to war London's "Carolina traders," a little-known group of transatlantic merchants, played a pivotal but historically neglected role in the rise of tensions in the South Carolina lowcountry. In Trade, Politics, and Revolution, Huw David delves into the lives of these men and explores their influence on commerce and politics in the years before and after the American Revolution. Beginning in the 1730s, a few select merchants in Charleston fueled South Carolina's economic rise, used their political connections to prosper in British-Carolinian trade, and then relocated to London, becoming absentee owners of property, plantations, and slaves. Using correspondence, business and slave trade records, newspapers, and a wealth of other sources, David reconstructs the lives of these Carolina traders and demonstrates their shifting but instrumental influence over the course of the eighteenth century. Until the 1760s these transatlantic traders served as a stabilizing force, using their wealth and political connections to lobby for colonial interests. As the British Empire flexed its power and incited rebellion with laws such as the so-called Intolerable Acts, South Carolinians became suspicious of the traders, believing them to be instruments of imperial oppression. Trade, Politics, and Revolution offers a fresh understanding of trade in South Carolina's early history and the shifting climate that led to the American Revolution, as well as reaching beyond the war to explore the reconstruction of trade routes between the newly founded United States and Great Britain. By focusing on one segment of transatlantic trade, David provides a new interpretive approach to imperialism and exposes the complex, deeply personal rift that divided the Carolina traders from their homeland and broke the colonies from the mother country
A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs
This collection of essays explores the inter-imperial connections between British, Spanish, Dutch, and French Caribbean colonies, and the 'Old World' countries which founded them. Grounded in primary archival research, the thirteen contributors focus on the ways that participants in the Atlantic World economy transcended imperial boundaries.
In recent years, scholars in a number of disciplines have focused their attention on understanding the early American economy. This text enters the resurgent discussion by showcasing the work of leading scholars who represent a spectrum of historiographical and methodological viewpoints.
Baseler explains how British and colonial officials and landowners lured settlers from rival nations with promises of religious toleration, economic opportunity, and the "rights of Englishmen," and she identifies the liberties, disabilities, and benefits experienced by different immigrant groups. She also explains how the exploitation of slaves subsidized the living standards of Europeans who came by choice.
This volume in Oxford's A Very Short Introduction series offers a concise, readable narrative of the vast span of American history, from the earliest human migrations to the early twenty-first century when the United States loomed as a global power and comprised a complex multi-cultural society of more than 300 million people. The narrative is organized around major interpretive themes, with facts and dates introduced as needed to illustrate these themes. The emphasis throughout is on clarity and accessibility to the interested non-specialist.
Placing slavery in the mainstream of modern history, the essays in this survey describe its transfer from the Old World, its role in forging the interdependence of the Atlantic economies, and its impact on Africa.
DIVStarting with descriptions and analyses of the agrarian systems, the famed economist explores manorial system, guilds, and early capitalism, organization of industry and mining, development of commerce, the transporting of goods, and more. /div
