Markets and personal finance in Jane Austen's time

The bumber holiday edition of The Economist asks: What did early 19th-century literary characters live on? The piece, Percents and sensibility, reports that 

At the turn of the 19th century, wealth merited much discussion. Landed wealth, which dominated the 18th century, was being supplanted by monied wealth, which came to dominate the 19th. Between 1796, when Miss Austen began “Pride and Prejudice”, and 1817, when she died while writing “Sanditon”, land and money (or “funds” as Miss Austen's peers called their investments) stood in rough and uncomfortable equality. In this shifting balance lay the foundations both of the Anglo-Saxon world's commercial prosperity and much of the drama and humour of Miss Austen's books.

A fascinating piece, which is really about the emergence of robust financial markets in England dressed up as something more whimsical.

For those who want more on this era, I would heartily recommend What Jane Austen Ate and Charles Dickens Knew: From Fox Hunting to Whist - The Facts of Daily Life in Nineteenth-Century England, by Daniel Pool, Touchstone Books, 1994.

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