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These six papers were originally delivered to a conference at Sheffield University in 1969 and represent an overview of a research project led by Professor Pollard, which aimed to construct a series of annual figures of capital formation for the Industrial Revolution in Britain - both in aggregate and broken down into main sectors. Each paper is accompanied by a summary of the discussion which followed. The problems encountered in such an undertaking are examined, a major one being definition: what to include in the term 'capital', how to measure or isolate expenditure under that heading, and how to deal with changes which have made the definitions and practices of present-day national income estimates inapplicable to earlier centuries. Sources are also examined in depth as statistical information is not only uncertain and often unreliable, but of different value and completeness for different sectors of the economy. This book was first published in 1971.
Six papers originally presented at a conference at Sheffield University in 1969. Features data on capital formation in Britain during the Industrial Revolution, and in-depth discussion of problematic areas associated with the study of this field.
This and the previous volume chart the history of financial institutions in England in the mid-late nineteenth century as well as examining the periods of boom and bust, their causes and effects. Using hitherto unpublished sources from the International Financial Society this book provides an unrivalled record of the development of the modern banking industry.
This study explores the history of tramp-shipping in the United Kingdom, between 1750 and 1914. It defines ‘tramp’ as steamships exclusively hulled with iron or steel. The purpose of the journal is to keep the history of tramp-shipping from fading into obscurity, as the author believes the tramp steamer does not invoke sentimentality nor provide enough glamour to sustain the same level of maritime interest enjoyed by sailing ships or ocean liners. The study is split into four major sections, the first concerning tramp-shipping, ownership, and capital formation; the second concerning trade, specifically copper ore and African guano; the third studies tramp seamen - particularly sea masters; and the final and largest section considers individual tramp-shipping regions, further subdivided by region - Wales, the Northwest, the West Country, the Northeast, the Southeast, and Canada. The volume is punctuated with statistics, tables, charts, glossaries, and concludes with a bibliography of author Robin Craig’s further maritime writing.
This book presents an in-depth study of the impact of the steamship on Britain during its first forty years, roughly between 1810 and 1850. It relates the early steamship to several industrial themes including diffusion; construction; modernisation; the role of government - particularly the difficult attempt to align laissez-faire politics with the greater need for public safety measures due to technological advance; business and finance; plus public reaction and tourism. The aim is to establish the significance of the steamship as a conduit of modernisation and societal change. It consists of a foreword, introduction, and fourteen chapters devoted to specific themes, structured to ensure each chapters build on the preceding chapter’s progress. Collectively, they demonstrate that the development of both experience and enterprise with steam power both gained and refined during this period made the mid-century expansion of steamship technology across Britain possible. Ultimately, it establishes that steamship services began to adapt to oceanic routes, steam began to integrate into the world economy, and the age of sail began to draw to a close.
Historians and economists will find here what their fields have in common - the movement since the 1950s known variously as 'cliometrics', 'economic history', or 'historical economics'. A leading figure in the movement, Donald McCloskey, has compiled, with the help of George Hersh and a panel of distinguished advisors, a highly comprehensive bibliography of historical economics covering the period up until 1980. The book will be useful to all economic historians, as well as quantitative historians, applied economists, historical demographers, business historians, national income accountants, and social historians.
A guide to historical literature on England between 1760 and 1837, emphasising more recent work.
Fire had always been one of the greatest threats to an early modern British society that relied on the naked flame as the prime source of heating, lighting and cooking. Yet whilst the danger of fire had always been taken seriously, it was not until the start of the eighteenth century that a sophisticated system of insurance became widely available. Whilst a number of high profile fires during the seventeenth century had drawn attention to the economic havoc a major conflagration could wreak, it was not until the effects of sustained industrialization began to alter the economic and social balance of the nation, that fire insurance really took off as a concept. The culmination of ten years of research, this book is the definitive work on early British fire insurance. It also provides a foundation for future comparative international studies of this important financial service, and for a greater level of theorising by historians about the relationship between insurance, perceptions of risk, economic development and social change. Through a detailed study of the archives of nearly 50 English and Scottish insurance companies founded between 1696 and 1850 - virtually all the records currently available - together with the construction of many new datasets on output, performance and markets, this book presents one of the most comprehensive histories ever written of a financial service. As well as measuring the size, market structure and growth rate of insurance, and the extent to which the first industrial revolution was insured, it also demonstrates ways in which insurance can be linked into wider issues of economic and social change in Britain. These range from an examination of the joint-stock company form of organization - to an analysis of changing attitudes towards fire hazard during the course of the eighteenth century. The book concludes by emphasising the ambivalent character of fire insurance in eighteenth and early nineteenth century Britain, contrasting the industry's dynamic long-run rate of growth with its more conservative attitude to product design and diversification.
This comprehensive and innovative book on the Industrial Revolution uses carefully chosen case studies, illustrated with extracts from contemporary documents, to offer new perspectives on the process and impact of industrialization. The authors look at the development of economic structures, the financing of the Industrial Revolution, technological advances, markets and demand, and agricultural progress. The book also deals with changes in demography, the household, families, and the built environment.