Earning and Spending in Eighteenth-Century London

Peter Temin and Hans-Joachim Voth

in Prometheus Shackled

Published in print January 2013 | ISBN: 9780199944279
Published online January 2013 | e-ISBN: 9780199980789 | DOI:
Earning and Spending in Eighteenth-Century London

Show Summary Details


This chapter sets the scene of the book. It does so first by going through a series of Hogarth prints—the “Rake's Progress.” We then survey the class structure of England in general and of London society in particular from the historical record. Inequality was high; the so-called “middling sort” was becoming more influential. Approaching the evidence from these two vantage points illuminates the problem of survivor bias that affects all business history.

Keywords: income structure; middle classes; middling sort; middle-class values; Hogarth; London in the eighteenth-century; survivor bias

Chapter.  6402 words.  Illustrated.

Subjects: Economic History

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.