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British Economic Growth, 1270-1870 (Paperback)
Loot Price: R1,008
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British Economic Growth, 1270-1870 (Paperback)
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This is a definitive new account of Britain's economic evolution
from a backwater of Europe in 1270 to the hub of the global economy
in 1870. A team of leading economic historians reconstruct
Britain's national accounts for the first time right back into the
thirteenth century to show what really happened quantitatively
during the centuries leading up to the Industrial Revolution.
Contrary to traditional views of the earlier period as one of
Malthusian stagnation, they reveal how the transition to modern
economic growth built on the earlier foundations of a persistent
upward trend in GDP per capita which doubled between 1270 and 1700.
Featuring comprehensive estimates of population, land use,
agricultural production, industrial and service sector production
and GDP per capita, as well as analysis of their implications, this
will be an essential reference for anyone interested in British
economic history and the origins of modern economic growth more
generally.
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