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The Business Community of Seventeenth-Century England

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  • Grassby,Richard

Abstract

This comprehensive study explores all aspects of the English business community as it developed between 1590 and 1720. Drawing on largely untapped records of private firms as well as on institutional archives, Richard Grassby describes and explains the economic and technical structure of business in a pre-industrial economy and examines the ways in which social values, demographic factors, the family, the state and religion distributed talent, trained and motivated businessmen and determined their life style. The important conclusion which emerges from his study is that individual initiative and a fluid social structure largely account for differences in response to economic opportunities between England and other pre-industrial societies. His book offers an empirically based analysis of why men entered business, how they lived and worked and what they achieved, and it will appeal to all who wish to understand the dynamics of pre-industrial growth and the interaction between business and society.

Suggested Citation

  • Grassby,Richard, 1995. "The Business Community of Seventeenth-Century England," Cambridge Books, Cambridge University Press, number 9780521434508, January.
    • Handle: RePEc:cup:cbooks:9780521434508
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    Cited by:

    1. Daron Acemoglu & Simon Johnson & James Robinson, 2005. "The Rise of Europe: Atlantic Trade, Institutional Change, and Economic Growth," American Economic Review, American Economic Association, vol. 95(3), pages 546-579, June.
    2. Minns, Chris & Wallis, Patrick, 2009. "Rules and reality: quantifying the practice of apprenticeship in early modern Europe," Economic History Working Papers 27865, London School of Economics and Political Science, Department of Economic History.
    3. Minns, Chris & Wallis, Patrick, 2013. "The price of human capital in a pre-industrial economy: Premiums and apprenticeship contracts in 18th century England," Explorations in Economic History, Elsevier, vol. 50(3), pages 335-350.
    4. Schwarzberg, Raphaelle, 2010. "Becoming a London goldsmith in the seventeenth century: social capital and mobility of apprentices and masters of the guild," Economic History Working Papers 28446, London School of Economics and Political Science, Department of Economic History.
    5. Toms, J.S., 2010. "Calculating profit: A historical perspective on the development of capitalism," Accounting, Organizations and Society, Elsevier, vol. 35(2), pages 205-221, February.
    6. Carlos, Ann M. & Fletcher, Erin & Neal, Larry, 2012. "Share Portfolios and Risk Management in the Early Years of Financial Capitalism: London 1690-1730," CEI Working Paper Series 2012-12, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    7. Tom Arkell, 2006. "Illuminations and distortions: Gregory King's Scheme calculated for the year 1688 and the social structure of later Stuart England," Economic History Review, Economic History Society, vol. 59(1), pages 32-69, February.
    8. John R. Edwards & Malcolm Anderson, 2011. "Writing masters and accountants in England," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 24(6), pages 685-717, August.
    9. Malcolm Anderson, 1998. "Accounting History Publications, 1995/6," Accounting History Review, Taylor & Francis Journals, vol. 8(1), pages 105-124.

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