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In Merchants and Empire, Cathy Matson examines the economic ideas and behavior of New York City's commercial wholesalers, especially the middling merchants who, as a majority of active traders, affected the character of city commerce over its colonial years. Although less prominent in transatlantic dry goods commerce than the great traders, this middling majority spread dissenting economic ideas and flouted political authority time and again when the benefits to their interests were clear. Indeed, middling or lesser merchants fashioned a plausible alternative to mercantilism, and...

In recent years, scholars in a number of disciplines have focused their attention on understanding the early American economy. The result has been an outpouring of scholarship, some of it dramatically revising older methodologies and findings, and some of it charting entirely new territory--new subjects, new places, and new arenas of study that might not have been considered "economic" in the past.

The Economy of Early America enters this resurgent discussion of the early American economy by showcasing the work of leading scholars who represent a spectrum of...

Cathy Matson and Peter Onuf integrate analyses of economic ideas and interests with many of the critical problems facing the union...