Regulating the British Economy, 1660-1850

Book excerpt: Inspired by recent research on the cultural impact of economic change, an international team of leading academics and younger scholars examine the ways in which state and society responded to fundamental economic transition. The studies embrace all aspects of the regulatory process, from developing ideas on the economy, to the passage of legislation, and to the negotiation of economic policy and change in practice. The book challenges the general characterization of the period as a shift from a regulated economy to a more laissez-faire system, highlighting the uncertain but significant relationship between the state and economic interests across the long eighteenth century.