Institutional change and property rights before the Industrial Revolution: the case of the English Court of Wards and Liveries, 1540-1660

Bottomley, Sean (2023) Institutional change and property rights before the Industrial Revolution: the case of the English Court of Wards and Liveries, 1540-1660. Journal of Economic History. ISSN 0022-0507 (In Press)

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Official URL: https://doi.org/10.1017/S0022050722000493

Abstract

Secure property rights are usually considered to be essential for sustained economic development; in England, it is debated whether property rights had been secure since the medieval period or if they were only established after the Glorious Revolution. In this context, the paper examines the Court of Wards, which from 1540 to 1646 administered the Crown’s right to take custody of children and their lands when these were held by feudal-military tenures. The paper shows that wardship was a common occurrence, its exactions arbitrary but often heavy, and that it reduced the value of lands held by these tenures.

Item Type: Article
Subjects: L100 Economics
V300 History by topic
Department: Faculties > Business and Law > Newcastle Business School
Depositing User: Elena Carlaw
Date Deposited: 11 Jan 2023 08:23
Last Modified: 11 Jan 2023 11:08
URI: https://nrl.northumbria.ac.uk/id/eprint/51120

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