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Mercantilism and Economic Underdevelopment in Scotland, 1600-1783

Mercantilism and Economic Underdevelopment in Scotland, 1600-1783

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  • ISBN:9781848933460
  • Editorial: Pickering And Chatto
  • Fecha de la edición:
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  • Nº Pág.:256
  • Idiomas:Ingles,Inglés

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ince the early seventeenth century, Scotland's economy rested on a traditional baseline of raw goods: cattle, linen, coal, salt and herring. Though often classed as the poor relation to England, Rossner argues that, thanks to a more flexible customs system and the retention of its baseline economy, Scotland was able to remain economically viable in the years following the Acts of Union in 1707. As important debates on economic ideals began to flourish among Enlightenment thinkers, Scotland became a testing ground for macro-economic experiments. Rossner argues that mercantilism helped Scotland's economy during the 1730s and 40s, providing a more positive and efficient framework than contemporary thinkers like Adam Smith would have us believe.

1 Setting the Scene: Commerical Exchange, Culture and Economic Development in a Pre-Modern World 2 Underdevelopment and Traces of a Modern Economy, c.1600-1760: Models and Empirical Evidence 3 Stasis and Dynamics in Pre-Modern Scotland, c.1600-1760 4 1738-41: The Harvest Cycle Strikes Back 5 Commerce and Structural Change, 1660-1783 6 At the Dawn of the Modern World? A Conclusion.

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