Slavery Atlantic Trade and the British Economy 1660 1800 or The Crisis of Vision in Modern Economic Thought

Slavery, Atlantic Trade and the British Economy, 1660-1800

Author: Kenneth Morgan

This book considers the impact of slavery and Atlantic trade on British economic development during the beginning of British industrialization. Kenneth Morgan investigates five key areas within the topic that have been subject to historical debate: the profits of the slave trade; slavery, capital accumulation and British economic development; exports and transatlantic markets; the role of business institutions; and the contribution of Atlantic trade to the growth of British ports. This stimulating and accessible book provides essential reading for students of slavery and the slave trade, and British economic history.

Table of Contents:

	List of maps
	List of tables
	Acknowledgements
	Introduction	1
1	The context	6
2	The debates	25
3	The profits of the slave trade	36
4	Slavery, Atlantic trade and capital accumulation	49
5	British exports and transatlantic markets	61
6	Business institutions and the British economy	74
7	Atlantic trade and British ports	84
	Conclusion	94
	Bibliography	99
	Index	115

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The Crisis of Vision in Modern Economic Thought

Author: Robert L Heilbroner

A deep and widespread crisis affects modern economic theory, a crisis that derives from the absence of a "vision"--a set of widely shared political and social preconceptions--on which all economics ultimately depends. This absence, in turn, reflects the collapse of the Keynesian view that provided such a foundation from 1940 through the early 1970s, comparable to earlier visions provided by Smith, Ricardo, Mill, and Marshall. The "unraveling" of Keynesianism has been followed by a division into discordant and ineffective camps whose common denominator seems to be their shared analytical refinement and lack of practical applicability. This provocative analysis attempts both to describe this state of affairs, and to suggest the direction in which economic thinking must move if it is to regain the relevance and remedial power it now pointedly lacks.