This book explores the changing boundaries and relationships between
market and state from the seventeenth to the twentieth century.
Money and Markets celebrates Martin Daunton's distinguished career by
bringing together essays from leading economic, social and cultural
historians, many being colleagues and former students. Throughout his
career, Dauntonhas focused on the relationship between structure and
agency, how institutional structures create capacities and path
dependencies, and how institutions are themselves shaped by agency and
contingency - what Braudel referred to as 'turning the hour glass
twice'.
This volume reflects that focus, combining new research on the financing
of the British fiscal-military state before and during the Napoleonic
wars, its property institutions, and thelonger-term economic
consequences of Sir Robert Peel. There are also chapters on the birth of
the Eurodollar market, Conservative fiscal policy from the 1960s to the
1980s, the impact of neoliberalism on welfare policy and more broadly,
the failed attempt to build an airport in the Thames Estuary in the
1970s, and the political economy of time in Britain since 1945. While
much of the focus is on Britain, and British finance in a global
economy, the volumealso reflects Daunton's more recent study of
international political economy with essays on the French contribution
to nineteenth-century globalization, Prussian state finances at the time
of the 1848 revolution, Imperial German monetary policy, the role of
international charity in the mixed economy of welfare and neoliberal
governance, and the material politics of energy consumption from the
1930s to the 1960s.
JULIAN HOPPIT is Astor Professor of British History at University
College London.
ADRIAN LEONARD is Associate Director of the Centre for Financial History
at the University of Cambridge.
DUNCAN NEEDHAM is Dean and Senior Tutor at Darwin College, University of
Cambridge.
CONTRIBUTORS: Martin Chick, Sean Eddie, Matthew Hilton, Julian Hoppit,
Seung-Woo Kim, Adrian Leonard, Duncan Needham, Charles Read, Bernhard
Rieger, Richard Rodger, Sabine Schneider, HirokiShin, David Todd, James
Tomlinson, Frank Trentmann, Adrian Williamson
