Famine and Finance Credit and the Great Famine of Ireland

parts of chapters 2 and 3, and 4 have also been published in companion articles in the Journal of Development Economics and the World Bank Economic Review.

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Tyler Beck Goodspeed

Famine and Finance

Tyler Beck Goodspeed

Famine and Finance Credit and the Great Famine of Ireland

Tyler Beck Goodspeed St John’s College University of Oxford Oxford, Oxfordshire, United Kingdom

ISBN 978-3-319-31764-9    ISBN 978-3-319-31765-6 (eBook) DOI 10.1007/978-3-319-31765-6 Library of Congress Control Number: 2016955936 © The Editor(s) (if applicable) and The Author(s) 2017 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Cover image © Ian Shipley IRE / Alamy Stock Photo Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

For the millions who went hungry

Acknowledgments

The various debts owed for this work far exceed my ability to repay in thanks here. I must first and foremost thank my advisers, Emma Rothschild, Benjamin Friedman, Niall Ferguson, and especially Richard Hornbeck, for their invaluable guidance, patience, and counsel throughout this project. I also thank Cormac Ó Gráda, Joel Mokyr, Nathan Nunn, Peter Solar, Liam Kennedy, John Turner, Kevin O’Rourke, James Fenske, and Sean Barrett for their generous comments and suggestions. Seminar participants at the London School of Economics, Massachusetts Institute of Technology, Harvard University, University of Oxford, Queens University Belfast, University of Southern Denmark, and the Royal Economic Society offered valuable questions and ideas. I thank Aidan Hollis and Arthur Sweetman for generously sharing their data on the Irish Loan Funds and Jenna Pace and Seth Rose for mapping support. Financially, this project would not have been possible without the funding support from the Harvard Institute for Quantitative Social Science, the Institute for Humane Studies, and a Harvard University Clive Fellowship grant. I further salute the team at Palgrave-Macmillan, especially Rachel Sangst