In This Article Economy and Consumption

  • Introduction
  • General Overviews
  • Reference Works
  • Journals
  • Document Collections
  • Letters and Papers of Merchants, Planters, and Slavers
  • Newspapers
  • Transimperial Economic Relations
  • Transatlantic Economies of European Empires
  • Regional Economic Development
  • Transatlantic Transformations
  • Port Cities
  • Firms, Ports, Communities
  • Jews
  • Unfree Labor
  • Sailors and Pirates
  • Illicit Trade
  • Economic Ideology
  • Global Context

Atlantic History Economy and Consumption
by
Robert DuPlessis
  • LAST REVIEWED: 11 December 2015
  • LAST MODIFIED: 29 May 2015
  • DOI: 10.1093/obo/9780199730414-0018

Introduction

Whether there was such a thing as an “Atlantic economy” in the early modern period (the centuries from about 1500 to about 1800) remains a matter of debate—part of the larger controversy over whether Atlantic history should be considered a distinct field, a subfield of world history, or just a new title for the long-established, if only recently fashionable again, field of imperial history. What is clear is that there currently exists no study of the Atlantic economy as a whole. Instead, research on early modern Atlantic economic history is scattered in many places and under many rubrics. Often it is included in chapters in books or collective volumes of essays on themes as varied as the early modern Jewish Diaspora or the British Atlantic. Findings in Atlantic economic history also appear as subtopics in subjects like plantation slavery, piracy, port cities. Much valuable economic history of the Atlantic basin, moreover, is not explicitly conceptualized or presented from an Atlantic perspective but within frameworks that may be global, imperial, regional, or even local. Then too, diverse historiographical traditions understand the term “Atlantic” differently. For some, it includes the entire basin, for others just a national littoral that fronts upon the Atlantic. Finally, multiauthor collections are common—more common, perhaps, than single-author monographs. This allows better coverage of a wide variety of sources, languages, and societies. But it also reflects and helps perpetuate the absence of a governing paradigm to orient scholarship.

General Overviews

Davis 1973 remains the only work proposing a general overview. While still an interesting survey of the economies of the European imperial powers at home and in the Americas from the 15th through the late 18th centuries, it is dated both in information and in taking a resolutely Eurocentric rather than Atlantic perspective and, despite its title, including nothing on Africa and the slave trade. Two recent collections of essays, Coclanis 2005 and McCusker and Morgan 2000, demonstrate the exciting work currently underway and suggest avenues for further research, but neither comes close to a comprehensive account or a unified interpretation. Though lacking a chapter devoted to the economy as such, many essays in Canny and Morgan 2011 contain relevant material.

  • Canny, Nicholas, and Philip Morgan, eds. The Oxford Handbook of the Atlantic World: 1450–1850. Oxford: Oxford University Press, 2011.

    DOI: 10.1093/oxfordhb/9780199210879.001.0001E-mail Citation »

    Contains chapters devoted to slave trading, trade and commodities, and the economic impact of the Atlantic world; economic information and analysis are also included in articles focused on imperial and social topics.

  • Coclanis, Peter A., ed. The Atlantic Economy during the Seventeenth and Eighteenth Centuries: Organization, Operation, Practice, and Personnel. Columbia: University of South Carolina Press, 2005.

    E-mail Citation »

    Excellent collection of original essays, many concerned with transatlantic trade, including slaving. One group of papers focuses on the functioning of imperial economies in the Atlantic, another on important agricultural and industrial commodities that circulated throughout the Atlantic, a third on the relations of individual colonial economies with the larger Atlantic economy. No agreement is reached on whether a single Atlantic economy existed in the period covered.

  • Davis, Ralph. The Rise of the Atlantic Economies. Ithaca, NY: Cornell University Press, 1973.

    E-mail Citation »

    Explains, nation by nation, how many Atlantic economies developed. It is, however, dated in its overtly Eurocentric view.

  • McCusker, John J., and Kenneth Morgan, eds. The Early Modern Atlantic Economy. Cambridge, UK: Cambridge University Press, 2000.

    E-mail Citation »

    Fine collection of essays that devotes particular attention to merchants, commercial networks, and consumer goods. Comparative studies and analyses that reach across imperial borders are notable features.

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