In a sweeping synthesis of a crucial period of American history, From Dependency to Independence starts with the'problem'of New England's economic development. As a struggling outpost of a powerful commercial empire, colonial New England grappled with problems familiar to modern developing societies: a lack of capital and managerial skills, a nonexistent infrastructure, and a domestic economy that failed to meet the inhabitants'needs or to generate exports. Yet, less than a century and a half later, New England staged the war for political independence and the industrial revolution. How and why did this transformation occur? Marshaling an enormous array of research data, Margaret Ellen Newell demonstrates that colonial New England's economic development and its leadership role in these two American revolutions were interrelated.
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Margaret Ellen Newell is Associate Professor of History at The Ohio State University.
"The study of early American economy and society has been revolutionized over the past thirty years, and this book is noteworthy for the way in which it couples recent findings with its own new perspective on the field."―Times Literary Supplement
"The virtues of this book lie in its sustained and comprehensive analysis of economic theory and policy over almost two centuries. In its quiet, understated, and extremely well-researched and well-argued way, this book will generate a considerable controversy in the field of early American economic history."―John Brooke, Tufts University
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