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Print culture and economic constraints : A quantitative analysis of book prices in eighteenth-century Britain




TekijätTiihonen, Iiro; Lahti, Leo; Tolonen, Mikko

KustantajaElsevier

Julkaisuvuosi2024

JournalExplorations in Economic History

Tietokannassa oleva lehden nimiExplorations in Economic History

ISSN0014-4983

eISSN1090-2457

DOIhttps://doi.org/10.1016/j.eeh.2024.101614

Verkko-osoitehttps://doi.org/10.1016/j.eeh.2024.101614

Rinnakkaistallenteen osoitehttps://research.utu.fi/converis/portal/detail/Publication/457269107


Tiivistelmä
Who could afford books in the late early-modern period? We explore how prices related to the demand for books in eighteenth-century Britain by analysing extensive bibliographic and socio-economic data based on Bayesian statistics and machine learning. Our results quantify in financial terms the difficulty of buying print products faced by most British households in the eighteenth century, and how this related to the varying levels of supply across price segments. We found no evidence of the well known claim that legislation would have led to lower prices. The inadequate supply and high cost of books make it likely that only higher-income households bought them regularly from the primary market.

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Last updated on 2024-25-09 at 14:37