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The nature and historical evolution of an exceptional fiscal state and its possible significance for the precocious commercialization and industrialization of the British economy from Cromwell to Nelson

By Patrick O'Brien

Abstract

Institutions that promoted or restrained early modern economic growth were established, sustained, and often destroyed by states. Yet their economic history lacks either a fundamental theory or grounded narrative for state formation in the east or the west. This survey of a library of recent research in the conjoined histories of national taxation and finance deploys a stage theory and reciprocal comparisons to explain when, how, and why England's political elites constructed a fiscal constitution for an island state that provided the external security, internal order, and successful mercantilism to carry the economy to a plateau of possibilities for a precocious industrial revolution

Topics: HC Economic History and Conditions, JN101 Great Britain
Publisher: Wiley on behalf of the Economic History Society
Year: 2011
DOI identifier: 10.1111/j.1468-0289.2010.00538.x
OAI identifier: oai:eprints.lse.ac.uk:36217
Provided by: LSE Research Online
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