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By the American Revolution, the farmers and city-dwellers of British America had achieved, individually and collectively, considerable prosperity. The nature and extent of that success are still unfolding. In this first comprehensive assessment of where research on prerevolutionary economy stands, what it seeks to achieve, and how it might best proceed, the authors discuss those areas in which traditional work remains to be done and address new possibilities for a 'new economic history.'

John J. McCusker, currently the Halsell Distinguished Professor of American History and Professor of Economics at Trinity University, is the author of several books, including Rum and the American Revolution, How Much Is That In Real Money?, and Money and Exchange in Europe and America, 1600-1775: A Handbook.

Russell R. Menard, professor of history at the University of Minnesota, is coauthor of Robert Cole's World: Agriculture and Society in Early Maryland.

"An indispensable volume."
--Choice

"Few studies in any field of American history more successfully define the frontiers of future research."
--Stuart Bruchey, Columbia University