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Business Cycles, Harvests, and Politics: 1790–18501

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  • Rostow, W. W.

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You cannot get them to talk of politics when they are well employed.— William Mathews, 1833.I have observed during the whole time I have been in Lanarkshire that any rise in the rate of discount at the Bank of England has been immediately, or at least shortly, followed by an increase both of crime and of civil suits, and if it continues long, of mortality and typhus fever. So much so, that, as I am an official member of the prison board and of most of the Charities, I have always made it a rule to say … “Gentlemen, the Bank of England have raised their discounts, you had better immediately take measures for enlarging the prison accommodations and for extending the infirmaries and Poor houses.†—A. Alison, Sheriff of Lanarkshire, 1848.

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  • Rostow, W. W., 1941. "Business Cycles, Harvests, and Politics: 1790–18501," The Journal of Economic History, Cambridge University Press, vol. 1(2), pages 206-221, November.
    • Handle: RePEc:cup:jechis:v:1:y:1941:i:02:p:206-221_05
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