An Economic Interpretation of the American Revolution

  title={An Economic Interpretation of the American Revolution},
  author={Marc Egnal and J. Ernst},
  journal={William and Mary Quarterly},
The Atlantic economy in the half century before American Independence underwent deep, wrenching changes. As a result, English capital and English decisions increasingly dominated the colonial economy. The freedom of the wealthy colonists, merchants and planters alike, to conduct business as they chose was restricted. Profit margins were lessened and possibilities for local development sacrificed. These broad, structural changes, and the accompanying short-run economic crises, troubled the… Expand