Abstract
Economist and administrator. Born in London, eldest son of William Davenant, the playwright and Poet Laureate, he was educated at Cheam School, Surrey, and entered Balliol College, Oxford, in 1671, going down in 1673 without a degree to take over the management of his father’s theatre. In 1675 he wrote a tragedy, Circe (Davenant, 1677), but the theatre gained him little financial success. He also obtained an LL.D from Cambridge in 1675 and practised law for a short period. From 1678 to 1689 he was Commissioner of Excise. He sat as MP for St Ives from 1685 to 1688 and represented Great Bedwin in the Tory interest following the elections of 1698 and 1700. The financial consequences of his loss of office as Excise Commissioner in 1689 and unsuccessful attempts in 1692 and 1694 to obtain other positions in the revenue service appear to have inspired a career as pamphleteer, starting in 1695. Until 1702, when he again obtained preferment by being appointed Secretary to the Commission for negotiating the union between England and Scotland, he produced a steady flow of political and economic writings dealing with aspects of taxation, public debt, monetary and trade questions, foreign policy and criticisms of Whig policy in general. In June 1703 he obtained the post of Inspector-General of Exports and Imports in the Customs Office, a position he retained till his death in 1714. Most of his political and commercial writings were collected by C.E. Whitworth (1771) but two manuscript works on money and credit (Davenant, 1695b and 1696) were not published till 1942 (Evans 1942).
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Bibliography
Ashley, W.J. 1900. The tory origin of free trade policy. In Surveys historic and economic, ed. W.J. Ashley. London: Longmans.
Barnett, G.E. 1936. Two tracts by gregory king. Baltimore: Johns Hopkins Press.
Creedy, J. 1986. On the King–Davenant ‘law’ of demand. Scottish Journal of Political Economy 33 (3): 193–212.
Evans, G.H. 1942. Two manuscripts by charles davenant. Baltimore: Johns Hopkins Reprints of Economic Tracts.
Hughes, D. 1894. Charles D’Avenant (1686–1714). In Dictionary of political economy, ed. R.H.I. Palgrave, vol. 1. London: Macmillan.
Hume, L.J. 1974. Charles Davenant on financial administration. History of Political Economy 6: 463–477.
Jevons, W.S. 1871. Theory of political economy. 4th ed, 1911. London: Macmillan.
King, G. (1696). Natural and political observations and conclusions upon the state and condition of England. Reprinted in Barnett.
Lauderdale, J.M., Eighth Earl of. 1804. An inquiry into the nature and origin or public wealth. Edinburgh. Repr. with an introduction and revisions from the 2nd edn, New York: Kelley, 1966.
Schumpeter, J.A. 1954. History of economic analysis, 1959. London: Allen & Unwin.
Thornton, H. 1802. An inquiry into the nature and effects of the paper credit of Great Britain. London.
Waddell, D. 1958. Charles Davenant (1656–1714), a biographical sketch. Economic History Review 11: 279–288.
Whitworth, Sir C.E. 1771. The political and commercial works of that celebrated writer Charles D’Avenant LL.D. London.
Author information
Authors and Affiliations
Editor information
Copyright information
© 2018 Macmillan Publishers Ltd.
About this entry
Cite this entry
Groenewegen, P. (2018). Davenant, Charles (1656–1714). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_338
Download citation
DOI: https://doi.org/10.1057/978-1-349-95189-5_338
Published:
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-95188-8
Online ISBN: 978-1-349-95189-5
eBook Packages: Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences