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The Economy of Early America
Historical Perspectives and New Directions

Edited By Cathy Matson

Co-published with the Library Company of Philadelphia

376 pages | 1 illustration | 6.125 x 9.25 | 2006

Paper: $25.00 SH |
ISBN 978-0-271-02765-4
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“Matson’s survey is ideal for graduate students preparing for exams or for more advanced scholars seeking to make a foray into the field. . . . This book is a clarion call for economic historians to go forth and proclaim the good news: economic history still has something to tell us. In its division between historiography and history, it suggests that we need as many evangelists as practitioners if we are to bring economics to history’s masses.” —James Fichter, Common-Place

In recent years, scholars in a number of disciplines have focused their attention on understanding the early American economy. The result has been an outpouring of scholarship, some of it dramatically revising older methodologies and findings, and some of it charting entirely new territory—new subjects, new places, and new arenas of study that might not have been considered “economic” in the past.

The Economy of Early America enters this resurgent discussion of the early American economy by showcasing the work of leading scholars who represent a spectrum of historiographical and methodological viewpoints. Contributors include David Hancock, Russell Menard, Lorena Walsh, Christopher Tomlins, David Waldstreicher, Terry Bouton, Brooke Hunter, Daniel Dupre, John Majewski, Donna Rilling, and Seth Rockman as well as Cathy Matson.

The chapters in this volume challenge traditional views of what “economic history” encompasses by incorporating cultural and intellectual studies, political economy, and social history. Topics include the Atlantic economy, comparative regions of colonial and early national development, new economic institutions in America’s rapid ascent in the global economy, the nature of population and migration patterns, popular perceptions of credit and debt, age and gender roles within households, new labor and production relations, and servitude and slavery in comparative regional perspective.

The Economy of Early America is an important volume for the field of economic history, demonstrating the vitality of recent scholarship and charting new directions for future study.


 
Cathy Matson is Professor of History at the University of Delaware and Director of the Program in Early American Economy and Society at the Library Company of Philadelphia. She is the author of Merchants and Empire: Commerce in Colonial New York (1998; ppb. 2003) and, with Peter Onuf, A Union of Interests: Economic and Political Thought in Revolutionary America (1990; ppb. 2002).

 

 

Contents
preface  

1 A House of Many Mansions: Some Thoughts on the Field of Economic History  
Cathy Matson

2 Rethinking The Economy of British America  
David Hancock

3 Colonial America’s Mestizo Agriculture  
Russell R. Menard

4 Peopling, Producing, and Consuming in EarlyBritish America  
Lorena S. Walsh

5 Indentured Servitude in Perspective: European Migration into North America and the Composition of the Early American Labor Force, 1600–1775  
Christopher Tomlins

6 Capitalism, Slavery, and Benjamin Franklin’s American Revolution  
David Waldstreicher

7 Moneyless in Pennsylvania: Privatization and the Depression of the 1780s 
Terry Bouton

8 Creative Destruction: The Forgotten Legacy of the Hessian Fly 
Brooke Hunter

9 The Panic of 1819 and the Political Economy of Sectionalism 
Daniel S. Dupre

10 Toward a Social History of the Corporation: Shareholding in Pennsylvania, 1800–1840  
John Majewski

11 Small-Producer Capitalism in Early National Philadelphia  
Donna J. Rilling

12 The Unfree Origins of American Capitalism  
Seth Rockman

list of contributors  
index