Quotulatiousness

May 7, 2022

“Urban conservative” has become a modern oxymoron

Filed under: Britain, History, Politics — Tags: , , , — Nicholas @ 03:00

Ed West on the increasingly rare creature known as the city or urban conservative (he’s primarily talking about the UK, but it applies equally well in Canada and the United States):

20 Fenchurch Street in London has been nicknamed the “Walkie-Talkie” due to its distinctive design.
Image by Toa Heftiba via Wikimedia Commons.

It’s largely forgotten now, but political polarisation is written into the very fabric of London. In the 18th century, when rivalries between Whigs and Tories were at their most intense, different West End squares were built so that the two groups could live among their own kind.

Hanover Square in Mayfair was built for Whigs to live cosily while, further south, St James’s Square was a home for Tories. This was close to the Cocoa Tree coffee house in Pall Mall, their unofficial meeting place, where in the 20th century workmen found a bolt hole so that they could make a quick escape if the authorities turned up.

At the time the Whigs were the party of London merchants, and the Tories that of the country, where they enjoyed widespread support from the rural population. They had once been seen as dangerously close to the old Jacobite dynasty, hence their fear of being arrested, but as that issue receded their popularity in the country at large become stronger. The Whigs were an out-of-touch metropolitan elite, sipping on their fancy “coffee”, but this didn’t stop them ruling the country for decades, nor shaping its political and historical narrative.

Two or three political realignments later, we have arrived to where we started again. As of today the City of Westminster, home of those fashionable West End squares as well as the seat of government itself, is no longer controlled by the Conservatives, as seismic an event in the great realignment as the loss of Kensington was in the 2017 election.

In fact the whole of London is emptying of Conservatives, the party losing Wandsworth and holding onto just three boroughs. It’s not just London: the Tories have no councillors in most large cities now.

As with many social patterns, in this we are following the United States, where Bill Bishop coined the phrase “The Big Sort” to describe how Americans were becoming more polarised by geography, and which Will Wilkinson described as the formation of “communities of psychologically/ideologically similar people”.

This has resulted in cities becoming one-party enclaves, as progressive values become the norm, and conservative-minded people leave. My own parliamentary constituency, in north London, was from its formation in 1983 a suburban Tory seat but shifted between three different parties during the 80s and 90s; at the last election Labour had a 20,000 majority. Labour has now run my borough, Haringey, for 51 years, and the last time the Tories won it, back in 1968, they also took Hackney, Lambeth, Lewisham and in total 28 of London’s 32 boroughs. Truly a different world. Today they do not even fully-field candidates in some wards.

May 1, 2022

The Victorian-era “guarantee fund” model for risky enterprises

In the latest Age of Inventions newsletter, Anton Howes wonders why we don’t have a modern equivalent to the funding mechanism that helped create the Great Exhibition of 1851 and other events that provided benefits to the public without government backing:

The Crystal Palace from the northeast during the Great Exhibition of 1851.
Image from the 1852 book Dickinsons’ comprehensive pictures of the Great Exhibition of 1851 via Wikimedia Commons.

As I’ve mentioned before, exhibitions of industry were not just celebrations of technological progress, but could become engines for progress as well. For the inventors, artists, and engineers who exhibited, the events were a direct inducement to improvement. And for the public who visited, the events exposed them to what was possible, encouraging them to raise their demands as both consumers and citizens, ideally inspiring them to become future innovators too.

But how was it all paid for? Unlike its national-level precursors in France, the Great Exhibition was not a state-run event. Even more remarkably, its organisers also failed to raise anywhere near enough private subscriptions to cover their costs. Instead, they used something that called a “guarantee fund”.

Instead of asking for donations from supporters up-front, the organisers asked them to commit to covering the exhibitions potential losses up to certain amounts — to be paid only if the money was required. Based on the security provided by this crowdsourced guarantee fund, the organisers then raised an ordinary bank loan in order to get the cash they needed to actually hold the event. Crucially, the guarantors didn’t actually have to spend anything unless the event made a loss, and if the event broke even or even made a surplus thanks to ticket fees, then they would never spend a penny at all. (Luckily for them, that’s exactly what happened in 1851, and for many later exhibitions too.)

What’s interesting to me about the guarantee fund is that I can’t quite think of anything quite like it today. There are perhaps more individualised versions of it, like when a neighbour or friend acts as a guarantor for a mortgage. And governments sometimes provide guarantees for certain sectors or industries too. There have also been a few profit-making versions of it in certain industries, where the guarantors potentially get some share of the upside too (“Names” at the Lloyds of London insurance and reinsurance market sounds similar, though even these are disappearing). But I’ve not seen anything like what the Victorians did, essentially using a guarantee fund to leverage philanthropy.

This is surprising to me. It seems like it has a lot of major advantages, especially for those who might want to replicate the exhibitions of industry today, or indeed for any kind of capital-intensive philanthropic endeavour that could eventually be expected in some measure to pay for itself. (I can’t help but think it would be useful in efforts to speed up the de-carbonisation of the economy, for example — a potential application that I’ve been exploring in my conversations with the people at Carbon Upcycling.)

Consider that with a guarantee fund anyone able to afford the risk could considerably increase the philanthropic value of their assets. Say that you could afford to donate £100 right away, but could donate three times that amount at a pinch (e.g. by having to liquidate some funds in shares). You could thus guarantee £100 each to three different causes, potentially without ever actually having to donate it, and knowing that in the worst case scenario you would never have to spend more than the £300 you can afford.

After all, those signing up to the guarantee fund essentially chose what their maximum liability would be if the event were to make a loss. If they were confident in the event’s success, then they probably believed that they would not have to pay anything at all. And if not, they had at least named the maximum donation they might eventually be asked to give.

April 7, 2022

Look at Life – Taxi Taxi – The Knowledge (1960)

Filed under: Britain, History — Tags: , , , , — Nicholas @ 02:00

KPICS
Published 10 Mar 2014

The London Taxi industry in 1960.

April 5, 2022

Tower Bridge Fighter Jet Incident | Tales From the Bottle

Filed under: Britain, History, Military — Tags: , , , — Nicholas @ 02:00

Qxir
Published 26 Nov 2021

This jet pilot decided to stage a protest in the skies of London, but his actions became more well known for an incident that occurred on his journey home.

“The Hawker Hunter Tower Bridge incident occurred on 5 April 1968 when Royal Air Force (RAF) Hawker Hunter pilot Alan Pollock performed unauthorised low flying over several London landmarks and then flew through the span of Tower Bridge on the Thames. His actions were to mark the 50th anniversary of the founding of the RAF and as a demonstration against the Ministry of Defence for not recognising it.

Upon landing he was arrested and later invalided out of the RAF on medical grounds, which avoided a court martial.”

More on Wikipedia:
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From the comments:

Qxir
3 weeks ago (edited)
Yes, I know it’s pronounced “Tems” lol

April 3, 2022

King James I and the problem of gold and silver thread in England

Filed under: Britain, Economics, Europe, Government, History — Tags: , , , , , — Nicholas @ 03:00

In the latest Age of Invention newsletter, Anton Howes began to research what appeared to be a minor economic issue that very quickly took over his time going deep down the gold and silver market rabbit hole:

A hammered silver sixpence of James I dated 1603 from the first coinage with a thistle mintmark. Obverse features a right facing crowned bust with the numerals VI behind and the inscription JACOBVS*DG*ANG*SCO*FRA*ET*HIB*REX. The reverse has a shield with the royal arms and the date 1603 above. The reverse inscription is EXERGAT* DEVS*DISSIPENTVR*INIMICI.
FindID 510696 – https://finds.org.uk via Wikimedia Commons

When England’s Parliament met in 1621, it was mainly supposed to vote King James I the funds to fight a war. His daughter’s domain, the Palatinate of the Rhine, had just been invaded, and the European Protestant cause was under grave threat. As I set out two weeks ago, however, the House of Commons had seized the chance to pursue a scandal. Jealous of the Crown’s challenge to their status as local power-brokers, and hoping to embarrass the king’s favourite, the Marquess of Buckingham, MPs opened an investigation into Sir Giles Mompesson’s patent to license inns.

When it came to inns, I argued that the case against Mompesson was flimsy (making me perhaps the only person to have defended him for over four hundred years). He appears to have been a trusted and able bureaucrat, the source of his downfall being his sheer effectiveness. But the flimsiness of the case against him was not enough to stop the political witch-hunt. Next on the list was a project he had administered for making gold and silver thread.

It sounds obscure, and I was fully expecting to write up a short overview of a niche industry that just happened to be thrust into the limelight of 1620s politics. That was a month ago, when I first started drafting this piece. But pulling on the golden thread revealed a desperate, decade-long battle between the City and the Crown, over who would get to control the financial stability of the realm. I’m sorry for the delay in publishing it, but I hope I’ve made it worth the wait.

March 11, 2022

A Life Between Shells and Shelter – On the Homefront 015

Filed under: Britain, Europe, Germany, History, Military, WW2 — Tags: , , , , — Nicholas @ 04:00

World War Two
Published 10 Mar 2022

Right from the start of World War Two, there has been little distinction between combatant and civilian. While bombs keep falling, people in Great Britain and in Germany are sitting in bunkers, basements and underground tunnels. We are taking a look at life inside those shelters.
(more…)

February 16, 2022

The railway built for dead passengers – London Necropolis Railway

Filed under: Britain, History, Railways — Tags: , — Nicholas @ 02:00

Train of Thought
Published 29 Oct 2021

It’s close to Halloween, so lets have a look at a railway built to transport a very macabre type of cargo … the recently deceased …

Please subscribe for more

This video falls under the fair use act of 1976

If you’re interested in a bit more than is covered in the video, here’s a post from 2013 discussing this railway.

February 5, 2022

City Minutes: The Roman Empire

Overly Sarcastic Productions
Published 4 Feb 2022

The funny thing about Empire is that ~*Rome*~ includes far more than just the City of Rome. Spread out across every corner of the Mediterranean — and then some — Roman Civilization was always adapting to local circumstances and changing over time. Today we’ll look at 5 cities that show the diversity of just how much “Rome” could really mean in the days of the empire.

The Great Cities In History by John Julius Norwich, “A Wonder of the World – Ephesus” from The Great Tours: Greece and Turkey, from Athens to Istanbul by John R. Hale, “Ephesus”, “Leptis Magna”, “Roman Britain”, “Pompeii” from World History Encyclopedia https://www.worldhistory.org/ephesos/, https://www.worldhistory.org/Lepcis_Magna, https://www.worldhistory.org/Roman_Britain, https://www.worldhistory.org/pompeii/. “Ephesus”, “Leptis Magna” “London”, “Pompeii” from Britannica https://www.britannica.com/place/Ephesus, https://www.britannica.com/place/Leptis-Magna, https://www.britannica.com/place/Lond…, https://www.britannica.com/place/Pompeii. I also have a degree in Classical Studies.

Chapters:
0:00 — Rome
0:58 — Ephesus
2:00 — Leptis Magna
3:03 — Londinium
4:12 — Pompeii
5:17 — Conclusion

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December 14, 2021

QotD: Insulated from reality

To understand the green movement, really understand it, you could do worse than look at the photographs of today’s vast tailbacks on the M25. Here were thousands of ordinary people – workers, deliverymen, mums and dads, holidaymakers – delayed for hours by the self-righteousness of middle-class greens. Activists from a group called Insulate Britain – which, almost comically, agitates for the insulation of British homes – blocked various junctions on the M25, causing distress to people who had places to be. It was eco-elitism distilled: the sanctimonious zealots of the green religion disrupting the lives of the plebs to make some daft point.

The first notable thing about today’s act of public nuisance masquerading as a protest was the hilarity of the campaign group itself. Remember when radicals fought for higher wages or better working conditions or for a revolution to replace capitalism with something else? Not anymore. Today’s self-styled militants demand the insulation of houses. “What do we want? The creation of a thermal envelope in people’s homes! When do we want it? Now!” What a crock to go to the barricades for. Also notable is the irony of supposed planet-lovers causing so much pollution by forcing hundreds of cars and trucks to sit still for ages, chugging fumes into the air for nought. Well played, greenies.

But the most striking thing about these kinds of protests is their sheer arrogance. Their inherently anti-democratic, anti-masses nature, where the aim is always, but always, to inconvenience the little people and teach us a lesson. You’re on your way to Heathrow for a much-needed jaunt to Malaga to escape the stresses of work? Not anymore, you’re not – the eco-elitists blocked junction 14, which leads to one of Heathrow’s terminals. You’re a knackered trucker who’s been driving all night long and now wants to get back to his family? Tough shit. These plummy alarmists have decided to make you the collateral damage of one of their narcissistic stunts.

Brendan O’Neill, “Environmentalism is a revolt against the people”, Spiked, 2021-09-13.

December 9, 2021

QotD: “The Knowledge” of London’s licensed cab drivers

Filed under: Britain, Government, Quotations — Tags: , , , — Nicholas @ 01:00

It is not a simple question of regulation and laissez-faire. Regulation can result in an excellent service, better than what an unregulated service might have provided. London’s licensed taxi drivers are, in my experience, the best in the world, for example, and this is due to proper regulation. To obtain a license to operate, they have to master the Knowledge: learn the street plan of London — as higgledy-piggledy as that of any city in the world — not only in theory, as an abstract mental image, but in actual practice. This usually takes them three years, spent driving around the city, day in, day out. When finally they think that they have mastered it, they are examined — often by a retired policeman — and have to be able to say how they would get from A to B, or from C to D, not only by the shortest but also by the quickest route. Only then (and provided they have no police record) are they granted a license.

Obtaining the Knowledge is a formidable intellectual feat: indeed, neuroscientists have used it to demonstrate by brain scans differences between London taxi drivers and others in the possession of spatial knowledge and powers of orientation. And the result of the regulation requiring the Knowledge is that London taxi drivers, besides being small businessmen working largely on their own account and therefore committed to their profession, are generally intelligent, capable men. No doubt the advent of GPS will reduce the need for much of this effort, at least among unlicensed drivers, who were never required to have it anyway. The license was, and is, a guarantee of quality; and the point remains that regulation is not sometimes without benefit to the public.

What do the regulation of London taxi drivers and the success of the vaccination program have in common? I think that it is in the clarity, but also in the modesty, of their goals. The object of the regulation of taxi drivers, for example, is to produce a large cadre of drivers who provide an excellent public service — and the means to achieve this object are unmistakably and obviously connected to that goal. Any group comprising tens of thousands of human beings will contain some who fall below, even much below, the standard desired, but I know of no profession whose members more approximate its ideal. The drivers are justly proud of what they are. There have been no efforts to make saints, or even good people, of them; all that is required is that no ill be known of them and that they have the requisite knowledge. In 50 years of taking London taxis, I’ve never had a bad experience and have had innumerable good ones.

Theodore Dalrymple, “A Cure for Government Incompetence”, City Journal, 2021-08-30.

November 30, 2021

The Elgin Marbles

Filed under: Britain, Europe, Greece, History — Tags: , , , — Nicholas @ 03:00

In The Critic, Zachary Hardman outlines the history of the Elgin Marbles and why the Greek government is re-opening the campaign to retrieve them from the British Museum:

Some of the sculptures in the Elgin Marbles collection on display in the Duveen Gallery of the British Museum.
Photo by Paul Hudson via Wikimedia Commons.

Last week, the Greek Prime Minister, Kyriakos Mitsotakis was in London, with only one thing on his mind: the return of the so-called “Elgin Marbles” to Athens. 2021 is the two-hundredth anniversary of Greek independence, when the country liberated itself from the yoke of the Ottoman Empire and, for Athens, there would be no better birthday present than the restitution of the lost marbles.

The dispute about their rightful ownership is as old as the modern Greek state. In the early 19th century, the British Ambassador Lord Elgin was granted permission by Athens’ Ottoman rulers to remove half the remaining marble sculptures from a frieze on the Parthenon, the ruined ancient temple, which still adorns the Acropolis, the rocky outcrop overlooking the city.

Elgin had the marbles shipped to Britain. The journey, though, proved difficult. They were transported via Malta where, following a shipwreck, they spent a brief sojourn at the bottom of the Mediterranean Sea. The rescue mission was ruinously expensive. Elgin intended to furnish his ancestral Scottish home with the marbles. On second thoughts, though, he cut his losses and sold them to the British Museum.

Public opinion was divided. Lord Byron wrote two poems denouncing Elgin. His supporters, meanwhile, claimed the marbles were saved from further damage at the hands of warring Greeks and Turks, who didn’t appreciate them anyway. The Greeks, understandably, took a dim view of this. Since the 1980s they have waged a sustained PR offensive for the return of the marbles. An impasse, though, remains.

To break it, Mitsotakis would do well to consider the insights of the ancient rhetoricians. Athens, of course, was the birthplace of not only democracy, but rhetoric: the art of persuasion. The philosopher Aristotle, who wrote the original guidebook on the subject, said it was about identifying “the means of persuasion in any given case”. It is the task of modern Athens to work out who it must persuade and what of.

The fresh campaign began with the Government. In Downing Street, after all, lives a man Mitsotakis regards a “true philhellene”. The return of the marbles, the Greek Prime Minister said, after a meeting with Johnson, would be a “coup” for “global Britannia”. Flattery, however, has its limits. The British Government is unwavering in its support for the Museum. Mitsotakis, however, was undeterred.

October 22, 2021

Explaining why British police clearly favour road-blocking protestors over the rights of ordinary Britons

Filed under: Britain, Law, Liberty, Politics — Tags: , , , — Nicholas @ 03:00

In The Critic, Andrew Tettenborn believes it can be traced back to a change in the oath that new police constables take and the changed emphasis in police training to support that change:

Metropolitan Police at G20 protests in London, 2009-04-01
Photo via Wikimedia Commons

Last week Insulate Britain magnanimously announced it would suspend its forcible road-blocking campaign. Apart from noting the impudence of this announcement (remember the IRA sanctimoniously calling its Christmas ceasefires, as if this were something we should be grateful for?), commentators on Twitter, the tabloid press and indeed many of the general public, have found another question troubling. Why, in the face of deliberate criminality aimed at discommoding ordinary people (most of whom will have been less well-off than many of the protesters), did the police hold back, at times apparently chatting with the obstructionists and threatening with arrest any exasperated driver who tried to take steps to remove them? We aren’t told, but we can make some educated guesses.

[…]

Nearly twenty years ago in 2002, there was a subtle, little-reported but very symbolic change in the oath sworn by all constables on appointment. Instead of the 19th century undertaking to serve the Queen “without fear or favour, malice or ill-will” in the course of keeping the peace and preventing crime, there is now a much more tendentious promise preceding the duty to keep the peace: namely, to act with “fairness, integrity, diligence and impartiality, upholding fundamental human rights and according equal respect to all people”. This requirement, thoroughly reflected as it is in police training today and imbued in policing culture, has two effects.

One is that all officers must keep at the front of their minds not only the law of the land but also two other guidelines: considerations of fairness and equality (whatever those mean), and human rights laws — something peculiarly complex and frequently opaque, even to lawyers. Human rights laws involve a subtlety well beyond the average constable called out to police a tense situation. Put yourself in the position of a policeman, faced with a choice whether to intervene in a case involving illegality and an intent to inconvenience people, but where no-one is actually engaging in violence — exactly the situation with Insulate Britain or Extinction Rebellion. You might well think that, if you wish to avoid future trouble and possible complaints of discrimination or unfairness, discretion and inaction would be the better part of valour.

Thanks to the pervasiveness of human rights culture, the constable’s traditional function of upholding the law ceases to be a black-and-white matter, and becomes a potential mire of conflicting duties. Even if the letter of the law says you should arrest a middle-aged protester or at least drag them off the M25 to prevent them obstructing it, there is always a possibility that someone somewhere will hold that this was contrary to their human rights. Once again, a cautious police officer intent on avoiding disciplinary hearings and a possible black mark, may well conclude that it is better to let sleeping dogs lie (at least for the moment), condone the illegality and avoid possible violence.

The police constable on the scene is extremely well advised to avoid doing anything that might possibly be construed as infringing on the human rights of everyone at the scene, for fear of becoming the scapegoat if clever lawyers convince a judge or jury that the police acted contrary to their revised oath.

October 19, 2021

Places – Lost in Time: The Crystal Palace

Ruairidh MacVeigh
Published 1 Jun 2020

This is a reupload of my original Crystal Palace video, which I had to take down and do some amendments to in order to fix some technical issues.

Hello! 😀

Not to change the format so early in it’s conception, but here I present an idea I’ve had for several years now, but am proud to finally bring to fruition.

For as long as I can remember I have been fascinated by places that have either been abandoned or destroyed, not so much out of interest for how they were lost, but more the microcosm of society that revolved around them — how people interacted with them and made them more human. Specifically, places which existed in living memory or photographic record are the ones that have captured my imagination the most, as you can see how people did interact with these wondrous locations and almost put yourself in their shoes.

Therefore, without further ado, I present Episode 1 of Places — Lost in Time, with my first feature being the lavish and opulent Crystal Palace in London. This video follows the history of the two structures to share this iconic name, and how both were created through Victorian engineering feats, how they became icons of British culture, and how they eventually met their end.

All video content and images in this production have been provided with permission wherever possible. While I endeavour to ensure that all accreditations properly name the original creator, some of my sources do not list them as they are usually provided by other, unrelated YouTubers. Therefore, if I have mistakenly put the accreditation of “Unknown”, and you are aware of the original creator, please send me a personal message at my Gmail (this is more effective than comments as I am often unable to read all of them): rorymacveigh@gmail.com

The views and opinions expressed in this video are my personal appraisal and are not the views and opinions of any of these individuals or bodies who have kindly supplied me with footage and images.

If you enjoyed this video, why not leave a like, and consider subscribing for more great content coming soon.

Thanks again, everyone, and enjoy! 😀

References:
– British Library (and their respective references)
– Victoria and Albert Museum (and their respective references)
– Wikipedia (and its respective references)

Music – YouTube Audio Library

October 9, 2021

The incredible growth of London after 1550

Filed under: Britain, Economics, History — Tags: , , , , — Nicholas @ 03:00

In the latest Age of Invention newsletter, Anton Howes considers some alternative explanations for London’s spectacular growth beginning in the reign of Queen Elizabeth I:

John Norden’s map of London in 1593. There is only one bridge across the Thames, but parts of Southwark on the south bank of the river have been developed.
Wikimedia Commons.

As regular readers will know, I’ve lately been obsessed with England’s various economic transformations between 1550 and 1650 — the dramatic eightfold growth of London, in particular, and the fall in the proportion of workers engaged in agriculture despite the growth of the overall population.

As I’ve argued before, I think that the original stimulus for many of these changes was the increased trading range of English overseas merchants. Thanks to advances in navigational techniques, they were able to find new markets and higher prices for their exports, particularly in the Mediterranean and then farter afield. And they were able to buy England’s imports much more cheaply, by going directly to their source. Although the total value of imports rose dramatically — by 150% in just 1600-38 — the value of exports seems to have risen by even more, as there’s plenty of evidence to suggest that for most of the period England had a trade surplus. The supply of money increased, even though Britain had no major gold or silver mines of its own.

The growing commerce was the major spur to London’s growth, with English merchants spending their profits in the city, and ever-cheaper and more varied luxury imports enticing the nobility from their country estates. Altogether, the concentration of people and wealth in London must have resulted in all sorts of spill-over effects to further drive its growth. After the initial push from overseas trade, I suspect that by the late seventeenth century the city was large enough that it was running on its own steam.

But on twitter, economic historian Joe Francis offered a slightly different narrative. Although he agrees that a change to overseas trade was the prime mover, he suggests that the trade itself was too small as a proportion of the economy to account for much of London’s growth. I disagree, for various reasons that I won’t go into now, but Joe brought to my attention various changes on the monetary side. Inspired by the work of Nuno Palma, he suspects that it was not the trade per se, but the fact of an export surplus that was doing the heavy lifting, by increasing the country’s money supply.

An increased money supply should have facilitated England’s internal trades, reducing their costs, and allowing for greater regional specialisation. Joe essentially thinks that I’ve got the mechanism slightly back to front: instead of London’s growing demands having reshaped the countryside, he contends that the specialisation of the entire country is what allowed for the better allocation of economic resources and workers to where they were most productive — a process from which a large city like London quite naturally then emerged.

I have some doubts about whether this process could really have been led from the countryside. The regional specialisation that we see in agriculture, for example, only really starts to become obvious from the 1600s onwards, by which stage London’s population had already begun to balloon from a puny 50,000 in 1550, to 200,000 and rising. I also haven’t found much evidence of other internal trade costs falling. Internal transportation — by packhorse, river, or down the coast — doesn’t seem to have become all that more efficient. Roads and waggon services don’t show much sign of improvement until the eighteenth century, and not many rivers were made more navigable before the mid-seventeenth century either. This is not to say that England’s internal trade didn’t increase. It certainly did, as London sucked in food and fuel in ever larger quantities, and from farther and farther afield. But it still looks like this was led by London demand, rather than by falling costs elsewhere.

Besides, the influxes of bullion from abroad would have all been channelled through London first, along with most of the country’s trade. To the extent that monetisation made a difference to the costs of trade then, this would have made a difference first in the city, before emanating out to its main suppliers, and then outwards. I thus see the Palma narrative as potentially complementary to my own.

The London Gin Craze and Beyond

Filed under: Britain, Europe, Health, History, USA — Tags: , , , , , — Nicholas @ 02:00

Tasting History with Max Miller
Published 26 Jan 2021

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