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Proceedings of the British Academy Volume 167, 2009 Lectures$
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Ron Johnston

Print publication date: 2011

Print ISBN-13: 9780197264775

Published to British Academy Scholarship Online: January 2012

DOI: 10.5871/bacad/9780197264775.001.0001

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The British Industrial Revolution in Global Perspective

The British Industrial Revolution in Global Perspective

Keynes Lecture In Economics

(p.199) The British Industrial Revolution in Global Perspective
Proceedings of the British Academy Volume 167, 2009 Lectures

Robert C. Allen

British Academy

This chapter presents the text of a lecture on the Industrial Revolution in Great Britain given at the British Academy's 2009 Keynes Lecture in Economics. This text suggests that the Industrial Revolution was Britain's response to the global economy that emerged after 1500 and that Britain's success in world trade resulted in one of the most urbanised economies in Europe with unusually high wages and cheap energy prices. The text here also highlights the contribution of Britain in the invention of the steam engine and the cotton spinning machines and in scientific discoveries relating to atmospheric pressure.

Keywords:   Industrial Revolution, Great Britain, global economy, world trade, urbanised economies, high wages, energy prices, steam engine, cotton spinning machines, atmospheric pressure

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