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The British Industrial Revolution: An Economic Perspective, Second Edition (American & European Economic History) PDF

367 Pages·1998·27.76 MB·English
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This page intentionally left blank The British Industrial Revolution An Economic Perspective SECOND EDITION EDITED BY Joel Mokyr Westview Press A Member of the Perseus Books Group All rights reserved. Printed in the United States of America. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, in cluding photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher. Copyright © 1999 by Westview Press, A Member of the Perseus Books Group Published in 1999 in the United States of America by Westview Press ,5500 Central Avenue, Boulder, Colorado 80301-2877, and in the United Kingdom by Westview Press, 12 Hid's Copse Road, Cumnor Hill, Oxford OX2 9JJ Library of Congress Cataloging-in-Publication Data The British industrial revolution: an economic perspective / edited by Joel Mokyr. p, cm. "Second edition"—P. A collection of 4 new or updated essays and the editor's introduction, a survey and evaluation of contemporary research. ISBN 0-8133-3389-X (pbk.) 1. Industrial revolution—Great Britain. 2. Great Britain- Economic conditions—1760-1860. 1. Mokyr, Joel HC254.5.B88 1998 338.0941—dc21 98-45108 CIP The paper used in this publication meets the requirements of the American National Stan dard for Permanence of Paper for Printed Library Materials Z39.48-1984, 10 9 8 7 6 5 4 3 21 Dedicated to tnc mcniory oi JONATHAN R.T. HUGHES This page intentionally left blank Contents List of Tables and Figures ix Acknowledgements xi 1. Editor's Introduction; Tie New Economic History and tie Industrial Revolution 1 JoelMokyr 2. Tie Fable of tie Dead Horse; or, Tie Industrial Revolution Revisited David S, Landes 128 3. Reassessing tie Industrial Revolution: A Macro View 160 C, KnickHorley 4. Too Muci Revolution: Agriculture in tie Industrial Revolution, 1700-186© 206 Gregory Clark 5. Tie Role of Education and Skill in tie Britisi Industrial Revolution 241 David Mitch Bibliography 230 About the Book 331 About the Contributors 332 Index This page intentionally left blank Tables and Figures Tables 1.1 Estimated Annual Rates of Growth, 1700-1871 11 1.2 Exports Growth, 1700-1S51 69 1.3 Coun.erfac.ual Decline in Income per Capita "Without" an Industrial Revolution 115 1.4 Nominal Wages, Real Wages, and Prices, 1787-1851 118 1.5 Nominal Wages, Prices, and Real Wages, 1787-1872 120 2.1 Great Britain: Growth Rates in Real Output, 1700-1860 134 2.2 Index Numbers of British Real Output, 1760-1800 135 2.3 Relative Backwardness of Groups of Countries, 1800-1970 155 3.1 Indices of Output, Various Industties 168 3.2 Industrial Structure, 1841,1815, and 1770 171 3.3 Indices of Aggrepte Industrial Production, 1700-1841 172 3.4 National Income, 1700-1870 178 3.5 Sources of Growth, 1700-1860, Crafts' Estimates 183 3.6 Sectoral Contributions to Productivity: Annual Percentage Growth, 1780-1860 184 3.7 Cotton Textile Production and Consumption, Effects of Terms of Trade 187 4.1 Estimated Productivity Levels, 1700-1860 207 4.2 Agricultural Performance Ckca 1850 211 4.3 Threshing Rates by Half Century, 1600-1850 227 4.4 Numbers of Recorded Wage Payments by Month, 1690-1730 228 4.5 Nominal and Real Ap'iculniral Output, 1700-1861 232 4.6 Production and Imports of Food, Raw Materials and Energy, 1700-1850 234 4.7 Estimated Output Levels, 1700-1860 237 5.1 Male Illiteracy by Occupational Group for English Parishes 263 5.2 Skilled Wage Premiums 269

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