Article2010

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

173 citations0/0 files storedThe Economic History Review

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Historical Economic and Social Studies Economic and Fiscal Studies Political and Economic history of UK and US

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.

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References

1990Institutions, Institutional Change and Economic Performance 1991Institutions, Institutional Change and Economic Performance 1989Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth-Century England 1989Strong societies and weak states: state-society relations and state capabilities in the Third World 1976The Formation of National States in Western Europe 1999Sovereignty 1939The Civilizing Process 1996Democracy and growth

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