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Britain's Political Economies - Parliament and Economic Life, 1660-1800 (Hardcover)
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Britain's Political Economies - Parliament and Economic Life, 1660-1800 (Hardcover)
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The Glorious Revolution of 1688-9 transformed the role of
parliament in Britain and its empire. Large numbers of statutes
resulted, with most concerning economic activity. Julian Hoppit
here provides the first comprehensive account of these acts,
revealing how government affected economic life in this critical
period prior to the Industrial Revolution, and how economic
interests across Britain used legislative authority for their own
benefit. Through a series of case studies, he shows how ideas,
interests, and information influenced statutory action in practice.
Existing frameworks such as 'mercantilism' and the 'fiscal-military
state' fail to capture the full richness and structural limitations
of how political power influenced Britain's precocious economic
development in the period. Instead, finely grained statutory action
was the norm, guided more by present needs than any grand plan,
with regulatory ambitions constrained by administrative
limitations, and some parts of Britain benefiting much more than
others.
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