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With the abolition of the slave trade in 1807 and the Emancipation Act of 1833, Britain seemed to wash its hands of slavery. Not so, according to Marika Sherwood, who sets the record straight in this provocative new book. In fact, Sherwood demonstrates that Britain continued to contribute to the slave trade well after 1807, even into the twentieth century. Drawing on government documents and contemporary reports as well as published sources, she describes how slavery remained very much a part of British investment, commerce and empire, especially in funding and supplying goods for the trade in slaves and in the use of slave-grown produce. The nancial world of the City in London also depended on slavery, which - directly and indirectly - provided employment for millions of people. "After Abolition" also examines some of the causes and repercussions of continued British involvement in slavery and describes many of the apparently respectable villains, as well as the heroes, connected with the trade - at all levels of society. It contains important revelations about a darker side of British history, previously unexplored, which will provoke real questions about Britain's perceptions of its past
Papers of the National Bureau of Economic Research conference held at Dartmouth College on May 8-9, 2009.
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How did the rich countries really become rich? In this provocative study, Ha-Joon Chang examines the great pressure on developing countries from the developed world to adopt certain 'good policies' and 'good institutions', seen today as necessary for economic development. His conclusions are compelling and disturbing: that developed countries are attempting to 'kick away the ladder' with which they have climbed to the top, thereby preventing developing countries from adopting policies and institutions that they themselves have used.
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 volume takes up the story of exacerbated political divisions from 1841 onwards, with a clearer demarcation in political life caused at least partly by commercial policy considerations. Ultimately, the success of free trade policies, implemented by Sir Robert Peel after 1841, saw the reconfiguration of political parties and had lasting effects and impact on party politics. Yet in the period up to 1879, there was a broad consensus on maintaining the free trade settlement of 1846. This period, often seen as a ‘free trade interlude’ book-ended by a far more complex range of opinions, policies, and strategies surrounding commercial policy, was characterised by British manufacturing expansion, deeper penetration of foreign and colonial markets, and the adoption of freer trade policies by foreign nations. Ultimately, none of these developments lasted in the long term. By the end of 1879, commercial policy was again controversial. The type of sources in this volume include correspondence from The Panmure Papers, the Later Correspondence of Lord John Russell, and diary material from Lord Ashley and John Bright. There is also a considerable body of material from newspapers, including the Morning Chronicle, Northern Star, Manchester Guardian, and Liverpool Mercury. Manuscript materials from Richard Cobden, John Benjamin Smith, and Lord John Russell among others are also present.