By E. A. Wrigley
E.A. Wrigley, the best historian of business England, exposes the inadequacy of what used to be accredited knowledge relating to England's commercial revolution and indicates what he believes may still exchange it. He examines the problems from 3 viewpoints: fiscal progress; the transformation of the urban-rural stability; and demographic switch within the 17th and eighteenth centuries. additionally, he indicates why England's early sleek economic climate and society grew speedier and extra dynamically than its continental associates.
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Extra resources for Poverty, Progress, and Population
4, p. 410 and associated discussion. , English population history, tab. 1, pp. 614–5. Growth rates reached a peak during the period 1806–25. The quest for the industrial revolution 39 in these circumstances, is persuasive evidence that remarkable developments were in train. 3. Before the later eighteenth century growth in England strongly resembled what had already occurred in the Netherlands. As in the Netherlands it may be viewed as the product of establishing a ‘modern’, ‘capitalist’, or ‘market-orientated’ economy which facilitated making optimum use of the possibilities afforded by an advanced organic economy with an increasingly productive agriculture.
4, p. 170. , tab. 7, p. 179. 5 per cent. 18 The extent of the contrast between the occupational structure of the labour force in England and that on the continent in 1800 has often been stressed. 19 Here again, however, England was doing no more than mirror the position reached a century earlier in the Netherlands. 21 The high level of output per head in English agriculture was one of the characteristics to which Crafts rightly drew attention. It was this which made possible such a considerable release of labour into activities other than agriculture.
3. Before the later eighteenth century growth in England strongly resembled what had already occurred in the Netherlands. As in the Netherlands it may be viewed as the product of establishing a ‘modern’, ‘capitalist’, or ‘market-orientated’ economy which facilitated making optimum use of the possibilities afforded by an advanced organic economy with an increasingly productive agriculture. 4. Growth of this sort, however well conducted, could not continue indefinitely. If it had not been for the emergence of some radically new features in the economy, the example of the Netherlands would in all probability have been followed by England in this respect also, as Adam Smith expected.
Poverty, Progress, and Population by E. A. Wrigley