O'Brien, Patrick (2017) The contributions of warfare with revolutionary and Napoleonic France to the consolidation and progress of the British industrial revolution: revised version of working paper 150. Economic History working papers (264/2017). London School of Economics and Political Science, London, UK.
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Abstract
This revised and reconfigured essay surveys a range of printed secondary sources going back to publications of the day (as well as includes research in primary sources) in order to revive a traditional and unresolved debate on economic connexions between the French and Industrial Revolutions. It argues that the costs flowing from the reallocation of labour, capital and technical knowledge to wage warfare from 1793-1815 have been overstated in relation to a range of benefits that accrued from: crowding out a potential invasion by Napoleon’s armies; improvements to the skills and discipline of the workforce; the integration of Ireland into a national market; the accelerated diffusion of technologies associated with coal and iron; the circumvention of diminishing returns to agriculture and above all from a victory that provided the economy with a more efficient State, Navy and Merchant Marine that, for a century, retained most of the gains from trade and servicing the international economy obtained at the expense of rivals during these long wars with France. My conclusion is that the costs and benefits (derived from participation in a global war from 1793 to 1815, that was integral to the era’s geopolitical and mercantilist international economic order) cannot be measured. But in the context and history of that order it is difficult to represent their outcome as anything other than positive and significant for the consolidation and progress of Britain’s famous transition to become Europe’s First Industrial Nation.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Official URL: | http://www.lse.ac.uk/economicHistory/home.aspx |
| Additional Information: | © 2017 The Author |
| Divisions: | Economic History |
| Subjects: | D History General and Old World > DC France H Social Sciences > HG Finance |
| JEL classification: | B - Schools of Economic Thought and Methodology > B0 - General > B00 - General E - Macroeconomics and Monetary Economics > E0 - General > E00 - General G - Financial Economics > G0 - General > G00 - General J - Labor and Demographic Economics > J0 - General > J00 - General N - Economic History > N0 - General > N00 - General O - Economic Development, Technological Change, and Growth > O1 - Economic Development |
| Date Deposited: | 27 Jun 2017 08:44 |
| Last Modified: | 11 Dec 2024 19:24 |
| URI: | http://eprints.lse.ac.uk/id/eprint/82411 |
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