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Book Review
New World Economies: The Growth of the Thirteen Colonies and Early Canada. By Marc Egnal. (New York: Oxford University Press, 1998. xx, 236 pp. $49.95, isbn 0-19-511482-5.)
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This book provides a model for what should be a major project of the next decade: a synthesis of the economic history of the early modern Atlantic world. Such a history would link the historiography of the economies of the European colonies in the Americas with that of the African trade with Europe and the Americas and that of the European metropoles. |
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The book has separate chapters on economic theory (staple 1 business cycles), the British and French metropolitan economies from the late seventeenth century to the 1780s, New France, the northern colonies (regrettably merging the expansive middle colonies with recession-prone New England), the upper South of the Chesapeake, and the lower South of the Carolinas and Georgia. Given the crucial role of the Caribbean colonies in the Atlantic economy, which the book repeatedly demonstrates on particular points, it is lamentable that they are not given a separate chapter. |
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