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A new edition of the leading textbook on the economic history of Britain since industrialization. Combining the expertise of more than thirty leading historians and economists, Volume 2 tracks the development of the British economy from late nineteenth-century global dominance to its early twenty-first century position as a mid-sized player in an integrated European economy. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and how to apply quantitative methods. The chapters re-examine issues of Britain's relative economic growth and decline over the 'long' twentieth century, setting the British experience within an international context, and benchmark its performance against that of its European and global competitors. Suggestions for further reading are also provided in each chapter, to help students engage thoroughly with the topics being discussed.
The industrial revolution of Britain is recognized today as a model for industrialization all over the world. Now with a new introduction by the author, this book is widely renowned as a classic text for students of this key period.
"In a vigorous discussion, which goes beyond the standard explanations that credit geographical factors, the role of markets, politics and society, Mokyr argues that the bases of the emergence of modern economic growth in Britain are to be found in what key players knew and believed, and how those convictions affected their economic behaviour. The belief in progress, coupled with the strategies to bring it about led Britain, and eventually most of the western world, into the modern era." "With a remarkably wide range of reference, and covering sectors of the British economy often neglected, this masterful book both synthesizes existing scholarship and provides a wholly new perspective for understanding Britain's economic development in the ageof the Industrial Revolution." --Book Jacket.
T.S. Ashton has sought less to cover the field of economic history in detail than to offer a commentary, with a stress on trends of development rather than on forms of organization or economic legislation. This book seeks to interpret the growth of population, agriculture, maufacture, trade and finance in eighteenth-century England. It throws light on economic fluctuations and on the changing conditions of the wage-earners. The approach is that of an economist and use is made of hitherto neglected statistics. But treatment and language are simple. The book is intended not only for the specialist but also for others who turn to the past for its own sake or for understanding the present. This book was first published in 1955.
This is the first systematic quantitative account of British economic growth from the thirteenth century to the Industrial Revolution.
Why are some countries rich and others poor? In 1500, the income differences were small, but they have grown dramatically since Columbus reached America. Since then, the interplay between geography, globalization, technological change, and economic policy has determined the wealth and poverty of nations. The industrial revolution was Britain's path breaking response to the challenge of globalization. Western Europe and North America joined Britain to form a club of rich nations by pursuing four polices-creating a national market by abolishing internal tariffs and investing in transportation, erecting an external tariff to protect their fledgling industries from British competition, banks to stabilize the currency and mobilize domestic savings for investment, and mass education to prepare people for industrial work. Together these countries pioneered new technologies that have made them ever richer. Before the Industrial Revolution, most of the world's manufacturing was done in Asia, but industries from Casablanca to Canton were destroyed by western competition in the nineteenth century, and Asia was transformed into 'underdeveloped countries' specializing in agriculture. The spread of economic development has been slow since modern technology was invented to fit the needs of rich countries and is ill adapted to the economic and geographical conditions of poor countries. A few countries - Japan, Soviet Russia, South Korea, Taiwan, and perhaps China - have, nonetheless, caught up with the West through creative responses to the technological challenge and with Big Push industrialization that has achieved rapid growth through investment coordination. Whether other countries can emulate the success of East Asia is a challenge for the future. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
An economic history of Britain since 1700, in three volumes by thirty-nine eminent historians and economists, this book will succeed the first edition of "Floud and McCloskey" (published in 1981) as the leading textbook on its subject. The text has a firm economic basis, but emphasizes the historical context and chronology and is written in straightforward and jargon-free English. Volume 1 covers the period 1700-1860, that of Britain's rise to relative economic supremacy. Volume 2 discusses the period 1860-1939, that of the height of British economic power and of painful readjustment after 1914. Volume 3 considers the period since 1939, that of relative economic decline and of increasing involvement with the European Community.
All students of history use maps. This atlas is designed specifically to enhance the understanding of British history since 1700, as well as emphasizing social as well as economic change. The contributors are all subject specialists who have taught in higher education institutions, and a large proportion of both maps and text is based on their own original research. The combination of maps and text is intended to illustrate not only historical developments, such as the spread of agriculture or the growth of an integrated transport system, but also regional contrasts at points in time. The end product offers support for those historians who question the usefulness of thinking in terms of national economic histories.