The Economic Interpretation of History, Vol. 2: Lectures Delivered in Worcester College Hall, Oxford, 1887-8 (Classic Reprint)

by James E Thorold Rogers

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Excerpt from The Economic Interpretation of History, Vol. 2: Lectures Delivered in Worcester College Hall, Oxford, 1887-8
Gregory King's law - The foundation of the laws regulating prices Causes which depress and raise prices - The scarcity or plenty of gold and silver - Lessened cost of production - Lessened cost of freight - The produce of silver in England - Foreign silver and gold procured by trade - The efiect of plagues on prices - The younger son and the civil wa/r - The literature of the seventeenth centu/ry - Shakspere and Dryden - The inventions of the eighteenth centu/ry - The authors of the new agriculture, and Arthur Young The services of Sir John Sinclair to Scottish agriculture - High prices cannot of themselves recover high rents.
When I was drawing up the list of lectures which I purposed to give in the present term, I very much hesitated before I concluded to put down that which forms my subject to-day. The range of the subject is very great, the facts are very copious and very intricate, the subject from the historical point of view is as yet so utterly unknown, and the evidence is so remote and so near, that I might well despair of giving you a clear and connected outline of the elements from which to make economical inductions and historical interpretations. But, on the other hand, the topic is of such great and general importance, the issues which it raises are of such pro found Significance, the interests of which it treats are so varied and so vital, and the future which it seeks to penetrate by the evidence of the past is so immediate, so full of menace and withal so obscure, that if I am able to throw any light on the situation, I Should be lacking in that courage which one who has special knowledge ought to show, if he thinks he can elucidate a grave250 historical effects OF high and low prices.
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