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During the colonial era, the French colonial government in Canada experimented with paper money printed on the back of playing cards. The first experiment lasted from 1685 to 1719. In the first years, there was little inflation in spite of a rapidly expanding stock of playing card money. It is...
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This study creates estimates of GDP per capita for Canada from 1688 to 1790 in order to evaluate Canadian growth before the 19th century and generate international comparisons of living standards. These estimates show that Canada experienced little growth during the period and growth reversals...
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This paper argues that significant transfers from peasants to landlords through private taxes and duties under seigneurial law in the French colonies in North America in the eighteenth century have been underestimated. They represented a burden equal to 5.19% to 6.89% of income. This high...
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New France, like most European colonies in the New World, suffered from a persistent shortage of metal coins. As Quebec’s imports were limited by French mercantilist policies, their standards of living were constrained by their ability to export a few primary products (mostly fur, cod, timber...
Persistent link: https://www.econbiz.de/10013307863
New France, like most European colonies in the New World, suffered from a persistent shortage of metal coins. As Quebec could only legally import from France, their standards of living were constrained by their ability to export a few primary products (mostly fur, cod, timber and wheat)....
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