A paperback reprint of McCusker's still unsurpassed 1978 guide to exchange rates within the Atlantic world during the colonial era before the American Revolution. Annotation copyrighted by Book News, Inc., Portland, OR

By the American Revolution, the farmers and city-dwellers of British America had achieved, individually and collectively, considerable prosperity. The nature and extent of that success are still unfolding. In this first comprehensive assessment of where research on prerevolutionary economy stands, what it seeks to achieve, and how it might best proceed, the authors discuss those areas in which traditional work remains to be done and address new possibilities for a 'new economic history.'

Although it is obvious that politics, money, and economic conditions were closely interrelated in the twenty years before the Revolution, this is the first account to bring together these strands of early American experience. Ernst also provides and analytical case study of the impact on America of British monetary policy during a period of dramatic shifts in the Atlantic economy and suggests that earlier studies are questionable because of theoretical misconceptions concerning the importance of visible" money." Originally published in 1973. A UNC Press Enduring Edition -- UNC Press Enduring Editions use the latest in digital technology to make available again books from our distinguished backlist that were previously out of print. These editions are published unaltered from the original, and are presented in affordable paperback formats, bringing readers both historical and cultural value.

In The Currency of Empire, Jonathan Barth explores the intersection of money and power in the early years of North American history, and he shows how the control of money informed English imperial action overseas. The export-oriented mercantile economy promoted by the English Crown, Barth argues, directed the plan for colonization, the regulation of colonial commerce, and the politics of empire. The imperial project required an orderly flow of gold and silver, and thus England's colonial regime required stringent monetary regulation. As Barth shows, money was also a flash point for resistance; many colonists acutely resented their subordinate economic station, desiring for their local economies a robust, secure, and uniform money supply. This placed them immediately at odds with the mercantilist laws of the empire and precipitated an imperial crisis in the 1670s, a full century before the Declaration of Independence. The Currency of Empire examines what were a series of explosive political conflicts in the seventeenth century and demonstrates how the struggle over monetary policy prefigured the patriot reaction to the Stamp Act and so-called Intolerable Acts on the eve of American independence. Thanks to generous funding from the Arizona State University and George Mason University, the ebook editions of this book are available as Open Access (OA) volumes from Cornell Open (cornellpress.cornell.edu/cornell-open) and other Open Access repositories.

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Papers of the National Bureau of Economic Research conference held at Dartmouth College on May 8-9, 2009.

This impressive scholarly debut deftly reinterprets one of America's oldest symbols--the southern slave plantation. S. Max Edelson examines the relationships between planters, slaves, and the natural world they colonized to create the Carolina Lowcountry. European settlers came to South Carolina in 1670 determined to possess an abundant wilderness. Over the course of a century, they settled highly adaptive rice and indigo plantations across a vast coastal plain. Forcing slaves to turn swampy wastelands into productive fields and to channel surging waters into elaborate irrigation systems, planters initiated a stunning economic transformation. The result, Edelson reveals, was two interdependent plantation worlds. A rough rice frontier became a place of unremitting field labor. With the profits, planters made Charleston and its hinterland into a refined, diversified place to live. From urban townhouses and rural retreats, they ran multiple-plantation enterprises, looking to England for affirmation as agriculturists, gentlemen, and stakeholders in Britain's American empire. Offering a new vision of the Old South that was far from static, Edelson reveals the plantations of early South Carolina to have been dynamic instruments behind an expansive process of colonization. With a bold interdisciplinary approach, Plantation Enterprise reconstructs the environmental, economic, and cultural changes that made the Carolina Lowcountry one of the most prosperous and repressive regions in the Atlantic world.