Cookies?
Library Header Image
LSE Research Online LSE Library Services

Consumption conundrums unravelled

Horrell, Sara, Humphries, Jane and Sneath, Ken (2015) Consumption conundrums unravelled. Economic History Review, 68 (3). pp. 830-857. ISSN 0013-0117

Full text not available from this repository.

Identification Number: 10.1111/ehr.12084

Abstract

While consumption has moved to centre stage in accounts of Britain's industrialization, evidence on the mass transformation of homes and expenditure on novelty is hard to reconcile with the poor living standards experienced by many working people. Part of the conundrum arises from the limitations of available probate evidence, but the motivational drivers behind raised consumption can also be questioned. Was it changed tastes or falling prices because of improved technology which prompted the purchase of new goods? Utilizing evidence from an alternative source, property stolen through housebreaking and burglary as reported in the Old Bailey Papers and Proceedings for 1750-1821, we identify those goods that were commonly stolen as the fashion icons of their day, trace such goods back to their original owners, thus linking ownership and status, and through analysis over time show how consumption evolved. This analysis incorporates the influence of price and real incomes on ownership, allowing the influence of price and fashion on consumption patterns to be identified separately. The findings show that, in addition to price and income effects, fashion had a strong influence, but this was not just emulation; differentiation too was evident. The evidence points to a complex interplay between desires and differentiation, aspiration and affordability, in determining the goods that people possessed.

Item Type: Article
Additional Information: © 2014 Economic History Society
Divisions: Economic History
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HN Social history and conditions. Social problems. Social reform
Date Deposited: 07 Aug 2019 14:30
Last Modified: 08 Aug 2019 09:24
URI: http://eprints.lse.ac.uk/id/eprint/101311

Actions (login required)

View Item View Item