Institutional Change and Property Rights before the Industrial Revolution

Wardship in Britain, 1485-1660

Inbunden, Engelska, 2025

AvSean Bottomley,Sean (Cardiff University) Bottomley

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Secure property rights are widely considered to be an essential prerequisite for sustained economic development; in Britain it is debated whether they have been secure since the medieval period or only established in the mid-seventeenth century. Within this context, Sean Bottomley examines wardship - the Crown's prerogative right(s) to appropriate landed estates which had descended to a legal minor until they attained their majority, to take custody of the child and, where they were unmarried, to decide their marriage partner. Bottomley demonstrates that this constituted a significant yet grossly inefficient and corrupted source of crown revenue, one that inflicted tangible economic penalties. It was also indicative of the decaying capacity of the early Stuart state and Bottomley concludes that without the constitutional changes of the mid to late seventeenth-century, Britain would not have industrialised in the eighteenth-century.

Produktinformation

Utgivningsdatum2025-11-06
Mått157 x 235 x 19 mm
Vikt554 g
FormatInbunden
SpråkEngelska
SerieCambridge Studies in Economic History - Second Series
Antal sidor272
FörlagCambridge University Press
ISBN9781009384353

Tillhör följande kategorier

Ekonomisk historia inom Ekonomi och ledarskap

1. Introduction; 2. Wardship and the feudal incidents, 1066–1540; 3. The court of wards and liveries, 1540–1642; 4. The court of wards: officers and servants; 5. The early Stuart fiscal-state; 6. Law in the court of wards; 7. The economic consequences of wardship; 8. 'Like horses in Smithfielde'. buying a wardship; 9. Wardship and the wars of the three kingdoms; Conclusion; Bibliography; Index.