Britains role in the mid-nineteenth century as the worlds greatest economic power was an extraordinary phenomenon, foreshadowed in the Industrial Revolution of the century before and originating from a unique combination of global and indigenous factors.
In this study François Crouzet analyses the growth and in late Victorian Britain decline of the nations economy, drawing on an immense amount of quantitative data to examine and explain its development. The book begins with a macroeconomic survey of the period, reviewing broad fluctuations in economic growth and the...