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The British Industrial Revolution in Global Perspective PDF

345 Pages·2009·1.6 MB·English
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The British Industrial Revolution in Global Perspective Why did the Industrial Revolution take place in eighteenth-century Britain and not elsewhere in Europe or Asia? In this convincing new account Robert Allen argues that the British Industrial Revolution was a successful response to the global economy of the seventeenth and eighteenth centuries. He shows that in Britain wages were high and capital and energy cheap in comparison to other countries in Europe and Asia. As a result the breakthrough technologies of the Industrial Revolution – the steam engine, the cotton mill, and the substitution of coal for wood in metal production – were uniquely profi table to invent and use in Britain. The high wage economy of pre- industrial Britain also fostered industrial development since more people could afford schooling and apprenticeships. It was only when British engineers made these new technologies more cost-effective during the nineteenth century that the Industrial Revolution would spread around the world. Robert C. Allen is Professor of Economic History at Oxford University and a fellow of Nuffi eld College. His books include Enclosure and the Yeoman: The Agricultural Development of the South Midlands, 1450–1850 (1992), and Farm to Factory: A Re-interpretation of the Soviet Industrial Revolution (2003), both of which won the Ranki Prize of the Economic History Association. NEW APPROACHES TO ECONOMIC AND SOCIAL HISTORY Edited for the Economic History Society by nigel goose, University of Hertfordshire larry neal, University of Illinois, Urbana-Champaign New Approaches to Economic and Social History is an important new textbook series published in association with the Economic History Society. It provides concise but authoritative surveys of major themes and issues in world economic and social history from the post-Roman recovery to the present day. Books in the series are by recognised authorities operating at the cutting edge of their fi eld with an ability to write clearly and succinctly. The series consists principally of single-author works – academically rigor- ous and groundbreaking – which offer comprehensive, analytical guides at a length and level accessible to advanced school students and undergraduate historians and economists. The British Industrial Revolution in Global Perspective robert c. allen University of Oxford cambridge university press Cambridge, New York, Melbourne, Madrid, Cape Town, Singapore, São Paulo, Delhi, Mexico City Cambridge University Press The Edinburgh Building, Cambridge CB2 8RU, UK Published in the United States of America by Cambridge University Press, New York www.cambridge.org Information on this title: www.cambridge.org/9780521868273 © Robert C. Allen 2009 This publication is in copyright. Subject to statutory exception and to the provisions of relevant collective licensing agreements, no reproduction of any part may take place without the written permission of Cambridge University Press. First published 2009 6th printing 2012 Printed and bound by MPG Books Group, UK A catalogue record for this publication is available from the British Library ISBN 978-0-521-86827-3 Hardback ISBN 978-0-521-68785-0 Paperback Cambridge University Press has no responsibility for the persistence or accuracy of URLs for external or third-party Internet websites referred to in this publication, and does not guarantee that any content on such websites is, or will remain, accurate or appropriate. Contents List of plates page vi List of fi gures vii List of tables ix Acknowledgments x 1 The Industrial Revolution and the pre-industrial economy 1 Part I The pre-industrial economy 23 2 The high-wage economy of pre-industrial Britain 25 3 The agricultural revolution 57 4 The cheap energy economy 80 5 Why England succeeded 106 Part II The Industrial Revolution 133 6 Why was the Industrial Revolution British? 135 7 The steam engine 156 8 Cotton 182 9 Coke smelting 217 10 Inventors, Enlightenment and human capital 238 11 From Industrial Revolution to modern economic growth 272 References 276 Index 313 Plates 6.1 English kiln (image courtesy of Dianne Frank) page 145 6.2 Chinese kiln (image courtesy of Dianne Frank) 146 7.1 Abstraction of Von Guericke’s illustration 159 7.2 Thomas Newcomen’s steam engine 160 8.1 Woman spinning (from ‘Costume of Yorkshire’, by George Walker, 1814, Private Collection/The Bridgeman Art Library) 189 8.2 Reconstruction of Hargreaves’ ‘spinning jenny’ of 1770 (Private Collection/The Bridgeman Art Library) 190 8.3 Arkwright’s water frame, c. 1775 (© Science Museum/Science and Society) 196 8.4 Arkwright’s water frame, c. 1775, detail (© Science Museum/Science and Society) 197 8.5 Rolling mill (courtesy of Uwe Niggemeier) 198 8.6 Enlarged view of the rollers, spindle and bobbin (Wyatt and Paul) 199 Figures 2.1 Labourers’ wages around the world page 34 2.2 Respectability ratio for labourers: income/cost of respectable basket 39 2.3 Subsistence ratio for labourers: income/costs of subsistence basket 40 2.4 Subsistence ratio for labourers in Europe and the United States: annual earnings relative to the cost of the subsistence basket 42 2.5 Labourers’ wage across England 43 2.6 Respectability ratio for masons: income/cost of respectable basket 45 3.1 The standard model of agriculture and English economic development 58 3.2 Agricultural labour productivity 60 3.3 Farm and labourers’ daily earnings 76 3.4 Alternative farm incomes with and without productivity growth 78 4.1 Prices of energy, early 1700s 83 4.2 Prices of wood fuels in London 86 4.3 Real prices of wood and coal in London 87 4.4 Real prices of wood and coal in the midlands 95 5.1 Flowchart (one period) of the model 113 5.2 Supply and demand for labour 114 5.3 Total productivity in English cloth 121 5.4 Simulated urbanization rate, 1300–1800 122 5.5 Simulated agricultural total factor productivity, 1300–1800 122 5.6 Simulated real wage, 1300–1800 123 5.7 Simulated urbanization rate, 1300–1800 125 5.8 Simulated agricultural total factor productivity, 1300–1800 126 viii List of fi gures 5.9 Simulated real wage, 1300–1800 126 6.1 Wage relative to price of capital 139 6.2 Price of labour relative to energy, early 1700s 140 6.3 Phase 1: macro-inventions 152 6.4 Phase 2: the trajectory of micro-improvements 155 7.1 Coal consumption in pumping engines: pounds of coal per horsepower-hour 165 7.2 Coal consumption in rotary engines: pounds of coal per horsepower-hour 171 7.3 Pumping engine: costs per horsepower-hour 174 7.4 Rotary engine: costs per horsepower-hour 175 8.1 Real price of cotton yarn 188 8.2 Real price of cotton yarn 208 9.1 Average total cost per ton of pig iron 220 9.2 Total factor productivity in pig iron production 220 9.3 Components of cost valued in 1755 prices 221 9.4 Proportion of iron smelted with coal or coke 229 9.5 Average pit head price of coal 231 9.6 Price of charcoal 231

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Why did the industrial revolution take place in eighteenth-century Britain and not elsewhere in Europe or Asia? In this convincing new account Robert Allen argues that the British industrial revolution was a successful response to the global economy of the seventeenth and eighteenth centuries. He sh
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