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At the start of the long wars against Revolutionary and Napoleonic France, the taxes available to the British state fell mainly on outlays made by its citizens, upon domestically produced commodities and services. Smaller proportions came from import duties and direct taxes upon their incomes...
Persistent link: https://www.econbiz.de/10005870561
The Rise Of Britain’s Fiscal Naval StateIn outline (if not in the chronological detail required for a complete and satisfactory historical narrative) the reasons why the United Kingdom evolved between the Glorious Revolution of 1688 and the Congress of Vienna of 1815, into the most powerful...
Persistent link: https://www.econbiz.de/10005870565
In recent decades the new institutional economics has redrawn attention to the significance of state sponsored and regulated institutions, organisations, laws, rules, customs and culturally conditioned behaviour for the promotion of long term economic development (Menard and Shirley, 2005)....
Persistent link: https://www.econbiz.de/10005870569
The Industrial Revolution continues to be analysed by economic historians deploying the conceptual vocabularies of modern social science, particularly economics. Their approach which gives priority to the elaboration of causes and processes of evolution is far too often and superficially...
Persistent link: https://www.econbiz.de/10005870578
Historical narratives which place the Glorious Revolution at the beginning and Parliament near the centre of explanations for the rise and success of Britain’s fiscal military state begin to seem truncated in chronology, narrow in conception and insular in focus. Nevertheless, their stories...
Persistent link: https://www.econbiz.de/10005870702
In 1967 Marshal Hodgson (the godfather of global economic history) wrote these percipient words: “Without the cumulative history of the whole Afro-Asian Oikumene of which the Occident had been an integral part, the western transmutation would be almost unthinkable”. Alas, the recommendation...
Persistent link: https://www.econbiz.de/10005870791
Under the international economic order which prevailed between the end of mercantilism and decolonisation (referred to in this essay as liberal imperialism) the costs of transacting, transporting and trading commodities, both within and across national and imperial frontiers declined sharply.1...
Persistent link: https://www.econbiz.de/10005870836
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The size and strength of the Royal Navy experienced a punctuated evolution into the largest and most powerful Navy in the world by 1815. Most historians tend to represent its superiority in conflicts at sea as an indication of several factors that would be conceptualized by economists as...
Persistent link: https://www.econbiz.de/10010746809