Britain and globalisation since 1850: I. Creating a global order, 1850-1914

Transactions of the Royal Historical Society

Volumn 16, Issue , 2006, Pages 1-38

  Daunton, Martin ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 60950337219     PISSN: 00804401     EISSN: 14740648     Source Type: Journal    
DOI: 10.1017/S0080440106000405     Document Type: Conference Paper

References (140)

1. J. Williamson, 'What Washington Means by Policy Reform', in Latin American Adjustment: How Much Has Happpened?, ed. J. Williamson (Washington, DC, 1990), ch. 2
2. 'What Should the World Bank Think about the Washington Consensus?', World Bank Research Observer, 15 (2000), 251-64
3. J. A. Frieden, Global Capitalism: Its Fall and Rise in the Twentieth Century (New York and London, 2006)
4. H. James, The End of Globalization: Lessons from the Great Depression (Cambridge, MA, 2001), 1
5. A. van Dormael, Bretton Woods: Birth of a Monetary System (1978), 33, 10
6. J. M. Keynes to R. F. Harrod, 'Your Memorandum on Forthcoming U.S. Conversations', 19 Apr. 1942, in The Collected Writings of John Maynard Keynes, XXV: Activities, 1940-1944. Shaping the Post-War World: The Clearing Union, ed. D. Moggridge (1980), 149
7. Collected Writings of John Maynard Keynes, XXVI: Activities, 1943-1946. Shaping the Post-war World: Bretton Woods and Reparations, ed. D. Moggridge (1980), 17
8. Tobin in Janeway lectures in 1972 and published in The New Economics One Decade Older: The Eliot Janeway Lectures in Historical Economics in Honor of Joseph Schumpeter, 1972 (Princeton, 1974)
9. 'Prologue', in The Tobin Tax: Coping with Financial Volatility, ed. M. ul Haq, I. Kaul and I. Grunberg (New York and Oxford, 1996), ix-xviii
10. I. Ramonet, 'Disarming the Market', Le Monde Diplomatique, Dec. 1997, and www.france.attac.org
11. 'They Are Misusing My Name', Der Spiegel, 2 Sept. 2001, English translation at http://cowles.econ.yale.edu/news/tobin/jt_01-09-02_ds_misusingname.htm
12. K. O'Rourke and J. Williamson, Globalization and History: The Evolution of a Nineteenth-Century Atlantic Economy (Cambridge, MA), 93-4, 286-7
13. M. D. Bordo and A. J. Schwartz, 'The Operation of the Specie Standard: Evidence from Core and Peripheral Countries, 1880-1910', in Currency Convertibility: The Gold Standard and Beyond, ed. J. B. de Macedo, B. Eichengreen and J. Reis (1996), 12
14. A. Orde, British Policy and European Reconstruction after the First World War (Cambridge, 1990), 4
15. Z. Steiner, The Light that Failed: European International History, 1919-1933 (Oxford, 2005), 603-4, 626
16. A. S. Milward, 'Revolt of the Losers', Times Literary Supplement, 26 Oct. 2001, 4
17. M. Obstfeld and A. M. Taylor, Global Capital Markets: Integration, Crisis and Growth (Cambridge, 2004), 29-33
18. 'The Great Depression as a Watershed: International Capital Mobility in the Long Run', in The Defining Moment: The Great Depression and the American Economy in the Twentieth Century, ed. M. D. Bordo, C. D. Goldin and E. N. White (Chicago, 1998), 353-402
19. R. Dornbusch and S. Fischer, Macroeconomics, 6th edn (New York and London, 1994), 168
20. T. Padoa-Schioppa, 'The European Monetary System: A Long-Term View', in The European Monetary System, ed. F. Giavazzi, S. Micossi and M. Miller (Cambridge, 1988), 372-3. Papers on Black Wednesday are on the Treasury web-site at www.hmtreasury.gov.uk/about/information/foi.disclosures/foi_erm4_090205.cfm
21. M. Friedman and A. J. Schwartz, A Monetary History of the United States, 1867-1960 (Princeton, 1963), 187-93
22. L. A. V. Catao and S. N. Solomou, 'Effective Exchange Rates and the Classical Gold Standard Adjustment', American Economic Review, 95 (2004), 1273
23. T. J. Hatton and J. G. Williamson, The Age of Mass Migration: Causes and Economic Impact (Oxford, 1998), 19, 67-74
24. R. Nurkse, 'International Investment Today in the Light of Nineteenth-Century Experience', Economic Journal, 64 (1954), 744-58
25. H. W. Singer, 'The Distribution of Gains between Investing and Borrowing Countries', American Economic Review, 40 (1950), 473-85
26. B. Eichengreen, Golden Fetters: The Gold Standard and the Great Depression, 1919-1939 (New York and Oxford, 1992)
27. P. J. Cain and A. G. Hopkins, British Imperialism: Innovation and Expansion, 1688-1914 (Harlow, 1993)
28. L. Davis and R. Huttenback, Mammon and the Pursuit of Empire: The Political Economy of British Imperialism, 1860-1912 (Cambridge, 1986)
29. Y. Cassis, City Bankers, 1890-1914 (Cambridge, 1994)
30. E. H. H. Green, 'Rentiers versus Producers? The Political Economy of the Bimetallic Controversy c. 1880-1898', English Historical Review, 103 (1988), 588-612
31. M. J. Daunton, 'Gentlemanly Capitalism and British Industry, 1820-1914', Past and Present, 122 (1989), 119-58
32. A. Porter, "Gentlemanly Capitalism" and Empire: The British Experience since 1750?', Journal of Imperial and Commonwealth History, 18 (1990), 265-95
33. P. J. Grigg, Prejudice and Judgement (1948), 183
34. P. J. Grigg to P. Snowden, 11 Oct. 1929, National Archives, T160/426/F11548, P. Williamson, National Crisis and National Government: British Politics, the Economy and Empire, 1926-1932 (Cambridge, 1992), 74
35. R. Boyce, 'Government-City of London Relations under the Gold Standard, 1925-1931', in The British Government and the City of London in the Twentieth Century, ed. R. Michie and P. Williamson (Cambridge, 2004), 216
36. B. Hilton, Corn, Cash and Commerce: The Economic Policies of the Tory Governments, 1815-30 (Oxford, 1977)
37. idem, The Age of Atonement: The Influence of Evangelicalism on Social and Economic Thought, 1785-1865 (Oxford, 1988)
38. S. G. Checkland, 'The Birmingham Economists, 1815-50', Economic History Review, second series, 1 (1948-9), 1-19
39. F. W. Fetter, The Development of British Monetary Orthodoxy, 1797-1875 (Cambridge, MA, 1965)
40. T. L. Alborn, 'Economic Man, Economic Machine: Images of Circulation in the Victorian Money Market', in Natural Images in Economic Thought: 'Markets Read in Tooth and Claw', ed. P.Mirowski (Cambridge, 1994), especially 186-93
41. C. H. Feinstein, 'Pessimism Perpetuated: Real Wages and the Standard of Living in Britain during and after the Industrial Revolution', Journal of Economic History, 58 (1998), 650-2
42. G. Stedman Jones, Languages of Class: Studies in English Working-Class History, 1832-1982 (Cambridge, 1983), 107
43. W. S. Jevons, Money and the Mechanism of Exchange (1875), 137
44. T. Tooke and W. Newmarch, A History of Prices and the State of the Circulation during the Nine Years 1848-1856 in Two Volumes Forming the 5th and 6th Volumes of the History of Prices from 1792 to the Present Time (1857), VI, 158
45. W. Newmarch, The New Supplies of Gold. Facts, and Statements Relative to their Actual Amount; and their Present and Probable Effects (revised edn, 1853), 87
46. 'Gold Discoveries', Quarterly Review, 91 (1852), 540
47. T. E.Gregory, An Introduction to Tooke and Newmarch's A History of Prices and of the State of the Circulation from 1792 to 1856 (London, 1928), 115 n. 1
48. R. H. Patterson, The Economy of Capital, or Gold and Trade (Edinburgh and London, 1865), 29-34
49. H. Fawcett, Manual of Political Economy (1863), 505-8
50. Preface to M. Chevalier, On the Probable Fall in the Value of Gold, trans., with a preface, by Richard Cobden (Manchester and Edinburgh, 1859), vi, x
51. Revues des Deux Mondes in 1857
52. J. E. Cairnes, Essays in Political Economy: Theoretical and Applied (1873), which first appeared in the Edinburgh Review in 1860
53. L. Wolowski, L'or et l'argent (Paris, 1870)
54. W. Newmarch 'Results of the Trade of the United Kingdom during the Year 1859; with Statements and Observations Relative to the Course of Prices since the Year 1844', Journal of the Royal Statistical Society, 23 (1860), 76-110
55. 'Results of the Trade of the United Kingdom during the Year 1860; with Statements and Observations Relative to the Course of Prices since the Year 1844', Journal of the Royal Statistical Society, 24 (1861), 74-124
56. W. S. Jevons, Investigations in Currency and Finance, ed. H. S. Foxwell (1884), ch. II, 'A Serious Fall in the Value of Gold Ascertained, and its Social Effects Set Forth' (1863), 97
57. T. E. Cliffe Leslie, Essays in Political Economy (Dublin, 1888 edn), ch. XIX
58. 'The Distribution and Value of the Precious Metals in the Sixteenth and Nineteenth Centuries' (first published in Macmillan's Magazine, 1864), 300
59. F. A. Walker, International Bimetallism (1896)
60. S. P. Reti, Silver and Gold: The Political Economy of International Monetary Conferences, 1867-1892 (Westport, CT, 1998)
61. Parliamentary Papers [hereafter PP] 1867-8 XXVII, Report of the International Conference on Weights, Measures and Coins Held in Paris, June, 1867 Communicated to Lord Stanley by Prof Leone Levi and Report of the Master of the Mint and Mr Rivers Wilson on the International Monetary Conference Held in Paris, June 1867, 858-9 and 872-8
62. H. B. Russell, International Monetary Conferences (New York, 1898)
63. PP 1882 LIII, International Monetary Conference, 1881
64. L. Einaudi, Money and Politics: European Monetary Unification and the International Gold Standard, 1865-1873 (Oxford, 2001)
65. M. Flandreau, The Glitter of Gold: France, Bimetallism, and the Emergence of the International Gold Standard, 1848-1873 (Oxford, 2004)
66. C. Meissner, 'A New World Order: Explaining the Emergence of the Classical Gold Standard', National Bureau of Economic Research Working Paper 9233 (http://www.nber.org/papers/w9233)
67. Journal of International Economics
68. M. Flandreau, 'The French Crime of 1873: An Essay in the Emergence of the International Gold Standard, 1870-1880', Journal of European Economic History, 56 (1996), 880-2
69. J. E. Lopez-Cordova and C.M.Meissner, 'Exchange Rate Regimes and International Trade: Evidence from the Classical Gold Standard Era', American Economic Review, 93 (2003), 344-53
70. M. Bordo and H. Rockoff, 'The Gold Standard as a "Good Housekeeping Seal of Approval"', Journal of Economic History, 56 (1996), 389-428
71. N. Sussman and Y. Yafeh, 'Institutions, Reforms and Country Risk: Lessons from Japanese Government Debt in the Meiji Era', Journal of Economic History, 60 (2000), 442-3
72. M. Daunton, Trusting Leviathan: The Politics of Taxation in Britain, 1799-1914 (Cambridge, 2001)
73. N. Ferguson, The Pity of War (1998), 127, 131
74. Contemporary Review (1881), 305-6
75. T. Alborn, 'Coin and Country: Visions of Civilisation in the British Recoinage Debate, 1867-91', Journal of Victorian Culture, 3 (1998), 252
76. A. C. Howe, 'Bimetallism, c1880-1898: A Controversy Reopened?', English Historical Review, 105 (1990), 389-90
77. PP 1876 VIII, Report of the Select Committee on the Causes of the Depreciation of the Price of Silver and the Effects of Such Depreciation upon the Exchange between India and England
78. PP 1888 XLV, Final Report of the Royal Commission Appointed to Inquire into the Recent Changes in the Relative Values of the Precious Metals
79. Green, 'The Bimetallic Controversy: Empiricism Belimed or the Case for the Issues', English Historical Review, 105 (1990), 673-83
80. T. Wilson, Battles for the Standard: Bimetallism and the Spread of the Gold Standard in the Nineteenth Century (Aldershot, 2000)
81. H. C. Gibbs, A Bimetallic Primer, 2nd edn (1896)
82. H. H. Gibbs and H. R. Grenfell, The Bimetallic Controversy: A Collection of Pamphlets, Papers, Speeches and Letters (1886)
83. O. Wilde, An Ideal Husband: A Woman of No Importance (1899), Act II
84. R. Giffen, 'Gross and Net Gain of Rising Wages', Contemporary Review (Nov. 1889), 839
85. idem, 'The Progress of the Working Classes in the Last Half Century', Journal of the Royal Statistical Society, 46 (1883), 593-622
86. idem, 'Further Notes on the Progress of the Working Classes in the Last Half Century', Journal of the Royal Statistical Society, 49 (1886), 28-100
87. idem, 'The Recent Rate of Material Progress in England', Journal of the Royal Statistical Society, 50 (1887), 615-47
88. M. Mulhall, Fifty Years of Material Progress, 1837-1887 (1887)
89. G. J. Goschen, 'The Increase of Moderate Incomes', Journal of the Royal Statistical Society, 50 (1887), 589-612
90. G. H. Wood, 'Some Statistics relating to the Working-Class Progress since 1860', Journal of the Royal Statistical Society, 62 (1899), 639-75
91. A. L. Bowley, 'Changes in Average Wages (Nominal and Real) in the United Kingdom between 1860 and 1891', Journal of the Royal Statistical Society, 58 (1895), 223-85
92. L. Levi, Wages and Earnings of the Working Classes (1885)
93. J. L. Klein, Statistical Visions in Time: A History of Time Series Analysis, 1662-1938 (Cambridge, 1997)
94. PP 1886 XXIII, Final Report of the Royal Commission Appointed to Enquire into the Depression of Trade and Industry, 521-3, 527, 529
95. A. C. Pigou, 'Wage Policy and Unemployment', Economic Journal, 147 (1927), 355
96. R. Price, Master, Unions and Men: Work Control in Building and the Rise of Labour, 1830-1914 (Cambridge, 1980)
97. E. J. Hobsbawm, 'Custom, Wages and Work-Load in Nineteenth-Century Industry', in Essays in Labour History, ed. A. Briggs and J. Saville, revised edn (1967), 113-39
98. E. H. Phelps Brown with M. H. Browne, A Century of Pay: The Course of Pay and Production in France, Germany, Sweden, the United Kingdom and the United States of America, 1860-1960 (1968)
99. J. M. Keynes, The General Theory of Employment, Interest and Money (1936), 14
100. W. Lazonick, Competitive Advantage on the Shop Floor (Cambridge, MA, 1990)
101. W. Lewchuck, American Technology and the British Vehicle Industry (Cambridge, 1987)
102. PP 1878-9 XXI, Report of the Commissioners Appointed to Represent Her Majesty's Government at the Monetary Conference Held in Paris in August 1878, 105-15
103. A. P. Kaminsky, "'Lombard Street" and India: Currency Problems in the Late Nineteenth Century', Indian Economic and Social History Review, 17 (1980), 309
104. PP 1886 XLIX, Correspondence between the British and Indian Governments Respecting the Silver Question
105. S. B. Saul, Studies in British Overseas Trade, 1870-1914 (Liverpool, 1960), chs. III, VIII
106. Klein, 'English Free Traders and Indian Tariffs, 1874-96', Modern Asian Studies, 5 (1971), 251-71
107. O. Wilde, The Importance of Being Earnest (1895), Act II
108. PP 1893-4 LXXXIX, International Monetary Conference, Brussels, 1892: Instructions to the Delegates of Great Britain and their Report, Together with the Proceedings of the Conference, 489-98
109. PP 1893-4, LXV, Report of Committee Appointed to Enquire into Indian Currency
110. PP 1898 LXI, Correspondence Respecting the Currency Proposals of the Government of India
111. PP 1899 XXXI, Report of the Committee Appointed to Enquire into Indian Currency
112. J. M. Keynes, Indian Currency and Finance (1913)
113. J. Brown, 'Charles Booth and Labour Colonies, 1889-1905', Economic History Review, 21 (1968), 349-60
114. E. P. Hennock, 'Concepts of Poverty in the British Social Surveys from Charles Booth to Arthur Bowley', in The Social Survey in Historical Perspective, 1880-1940, ed. M. Bulmer, K. Bales and K. K. Sklar (Cambridge, 1991), 189-216
115. E. P. Hennock, British Social Reform and German Precedents: The Case of Social Insurance 1880- 1914 (Oxford, 1987)
116. idem, 'Poverty and Social Theory in England: The Experience of the Eighteen-Eighties', Social History, 1 (1976), 67-91
117. J. Harris, Unemployment and Politics: A Study in English Social Policy, 1886-1914 (Oxford, 1972)
118. M. Flandreau, 'Central Bank Co-operation in Historical Perspective: A Sceptical View', Economic History Review, 50 (1997), 735-63
119. F.Trentmann, 'The Transformation of Fiscal Reform:Reciprocity, Modernization, and the Fiscal Debate within the Business Community in Early Twentieth-Century Britain', Historical Journal, 39 (1996), 1005-48
120. idem, 'The Strange Death of Free Trade: The Erosion of "Liberal Consensus" in Great Britain, c. 1903-1932', in Citizenship and Community: Liberals, Radicals and Collective Identities in the British Isles, 1865-1931, ed. E. F. Biagini (Cambridge, 1996), 219-50
121. idem, 'Wealth versus Welfare: The British Left between Free Trade and National Political Economy before the First World War', Historical Research, 70 (1997), 70-98
122. idem, 'Political Culture and Political Economy: Interest, Ideology and Free Trade', Review of International Political Economy, 5 (1998), 217-51
123. Studies in Capital Formation in the United Kingdom, 1750-1920, ed. C. H. Feinstein and S. Pollard (Oxford, 1988), 469
124. S. Pollard, Britain's Prime and Britain's Decline: The British Economy 1870-1914 (1989), 61
125. L. Stone, The Global Export of Capital from Great Britain, 1865-1914: A Statistical Survey (Basingstoke, 1999), 7
126. A. K. Cairncross, Home and Foreign Investment, 1870-1913: Studies in Capital Accumulation (Cambridge, 1953)
127. M. Simon, 'The Pattern of New British Portfolio Investment, 1865-1914', in The Export of Capital from Britain, 1870-1914, ed. A. R. Hall (1968)
128. S. Pollard, 'Capital Exports, 1870-1914: Harmful or Beneficial?', Economic History Review, 38 (1985), 489-514
129. L. E. Davis and R. E. Gallman, Evolving Financial Markets and International Capital Flows: Britain, the Americas, and Australia, 1865-1914 (Cambridge, 2001)
130. P. K. O'Brien, 'The Costs and Benefits of British Imperialism, 1846-1914', Past and Present, 120 (1988), 163-200
131. P. Kennedy, 'The Costs and Benefits of British Imperialism, 1847-1914', Past and Present, 125 (1989), 186-92
132. A. Offer, 'The British Empire, 1870-1914: A Waste of Money?', Economic History Review, 46 (1993), 215-38
133. J. C. Wood, British Economists and the Empire (1983)
134. R. Giffen, 'Notes on Imports versus Home Production, and Home versus Foreign Investment', Economic Journal, 15 (1905), 493
135. J. A. Hobson, Imperialism: A Study (1902), 134, 147-8
136. L. G. Chiozza Money, Riches and Poverty (1905), 43, 147-8
137. P. J. Cain, 'J. A. Hobson, Cobdenism, and the Radical Theory of Economic Imperialism, 1898-1914', Economic History Review, 31 (1978), 565-84
138. Hobson and Imperialism: Radicalism, New Liberalism, and Finance, 1887-1938 (Oxford, 2002)
139. P. F. Clarke, 'Hobson, Free Trade, and Imperialism', Economic History Review, 34 (1981), 308-12
140. A. Offer, 'Empire and Social Reform: British Overseas Investment and Domestic Politics, 1908-14', Historical Journal, 26 (1983), 119-38