Crouzet, François, 1922-2010,

Capital formation in the Industrial Revolution / edited with an introduction by François Crouzet. - London : Methuen & Co. Ltd, 1972. - ix, 261 pages ; 21 cm. - Debates in economic history . - Debates in economic history .

Includes bibliographical references (pages 257-261).

1. Recent trends in the accumulation of capital / 2. Financing the Industrial Revolution / 3. Capital formation in Britain before the railway age / 4. Capital accounting in the Industrial Revolution / 5. Fixed capital in the Industrial Revolution in Britain / 6. Capital formation in Great Britain during the Industrial Revolution / 7. The attorney and the early capital market in Lancashire / M. M. Postan -- Herbert Heaton -- Phyllis Deane -- Sidney Pollard -- Sidney Pollard -- François Crouzet -- B. L. Anderson.

"Capital has played a key role in many interpretations of the industrial revolution, and its abundance in eighteenth-century Britain has often been seen as the great unique advantage which explained England's early start in industrialization. However, there has been no large-scale analysis of the problems of capital formation during this period, and this volume seeks to provide a remedy bringing together some of the more important articles dealing with the subject. The collection as a whole reflects recent developments in economic thought in showing that the industrial revolution did not arise as the result of a notable acceleration in capital accumulation, and that the low standard of living of the working class was not due to the requirements of capital formation. The improvement in quality of the capital stock and its increasing efficiency were, however, a crucial factor in the industrial revolution." -- From the back cover.

041615770X 0416181503 (pbk.)

72170205

B72-25775


Saving and investment--History.--Great Britain
Industrial revolution--Great Britain.


Great Britain--Economic conditions--1760-1860.

HC 260 .S3 / C75 1972

332/.0415/0942