Economic Development in Early Modern France: The Privilege of Liberty, 16501820 [Paperback]

This book explores how the institution of privilege and liberty shaped early modern economic development in France between 1650 and 1820.Focusing on the relationship between privilege and liberty, this is a major reinterpretation of economic development in early modern France. It sheds new light on early industrialization, the achievements of Louis XIV, the economics of the Enlightenment, the origins of the French Revolution and comparative economic development.Focusing on the relationship between privilege and liberty, this is a major reinterpretation of economic development in early modern France. It sheds new light on early industrialization, the achievements of Louis XIV, the economics of the Enlightenment, the origins of the French Revolution and comparative economic development.Privilege has long been understood as the constitutional basis of Ancien R?gime France, legalizing the provision of a variety of rights, powers and exemptions to some, whilst denying them to others. In this fascinating new study however, Jeff Horn reveals that Bourbon officials utilized privilege as an instrument of economic development, freeing some sectors of the economy from pre-existing privileges and regulations, while protecting others. He explores both government policies and the innovations of entrepreneurs, workers, inventors and customers to uncover the lived experience of economic development from the Fronde to the Restoration. He shows how, influenced by Enlightenment thought, the regime increasingly resorted to concepts of liberty to defend privilege as a policy tool. The book offers important new insights into debates about the impact of privilege on early industrialization, comparative economic development and the outbreak of the French Revolution.Acknowledgements; List of abbreviations; 1. Introduction: profits and economic development during the Old R?gime; 2. Privileged enclaves and the guilds: liberty and regulation; 3. The privilege of liberty put to the test: industlÓÙ