The Fountain of Privilege: Political Foundations of Markets in Old Regime France and England

The Fountain of Privilege: Political Foundations of Markets in Old Regime France and England

by Hilton L. Root
     
 

Hilton Root's new book applies contemporary economic and political theory to answer long-standing historical questions about modernization. It contrasts political stability in Georgian England with the collapse of the Old Regime in France. Why did a century of economic expansion rupture France's political foundations while leaving those of Britain intact? Comparing

Overview

Hilton Root's new book applies contemporary economic and political theory to answer long-standing historical questions about modernization. It contrasts political stability in Georgian England with the collapse of the Old Regime in France. Why did a century of economic expansion rupture France's political foundations while leaving those of Britain intact? Comparing the political and financial institutions of the two states, Root argues that the French monarchy's tight control of markets created unresolvable social conflicts whereas England's broader power base permitted the wider distribution of economic favors, resulting in more flexible and efficient markets.

Product Details

ISBN-13:
9780520084155
Publisher:
University of California Press
Publication date:
11/16/1994
Series:
California Series on Social Choice and Political Economy Series
Pages:
296
Product dimensions:
9.21(w) x 6.30(h) x (d)

Meet the Author

Hilton L. Root is a Senior Research Fellow at the Hoover
Institution, Stanford University.

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >