This stimulating history of friendly societies in Britain provides an account of their development from the late sixteenth to the early twentieth century, exploring their role in the cultural and moral dimensions of economic life. Ismay is especially interested in the ways in which mutual-aid societies generated social trust in a period of rapid population growth and urbanization, which ostensibly worked to atomize and isolate the individual.The book consists of a series of chronologically overlapping analytical narratives. Chapter 1, “Friendly Societies before Friendly Societies,” examines the early modern history of the term friendly society. Consulting texts from Myles Coverdale to Daniel Defoe, Ismay demonstrates how the term’s usage exhibited an overlap between a particular kind of organization and a larger moral vision of how societies ought to function through friendly relations among its members.Chapter 2, “Friendly Societies and the Meaning of the New Poor Law,” stresses the importance of contributory schemes and mutual-aid societies in the Poor Law debates at the end of the eighteenth and the beginning of the nineteenth century, arguing that failing to take account of this dimension misses the complexity of these discussions. Chapter 3, “The Battle Between Savings Banks and Friendly Societies,” explores the contrasting individualist rationale for savings banks articulated during the political debate surrounding the passage of the 1817 Savings Bank Act and the emergence of the New Friendly Society in its aftermath, which retooled and preserved the mutually supportive dynamic of mutual aid. Chapter 4, “Trusting Institutions: Making the Independent Order of Odd Fellows, Manchester Unity,” turns to a detailed examination of the history of the Odd Fellows, one of the largest and most important nineteenth-century mutual-aid societies. Ismay traces its emergence as a model for the Affiliated Order, a new type of friendly society that came to dominate after the 1830s, extending the geographical reach of these organizations through multiple branches. Ismay emphasizes how maintaining the original convivial character of the Odd Fellows proved crucial for the maintenance of social ties among the membership, providing the cultural resources for the reciprocity necessary for the success of a mutual aid society.The final chapter, “Trusting Numbers: Sociability and Actuarial Science in the Manchester Unity,” examines the mid-nineteenth-century worries about the solvency of friendly societies and the increasingly sophisticated application of actuarial science that informed the shift from managing “providence” to managing “risk.” Again, mutual-aid societies proved resilient in the face of this challenge. Not until the passage of the 1911 National Insurance Act did they go into a long-term decline.Methodologically, this study depends upon the traditional tools of the historian, utilizing a close attention to printed texts, Parliamentary debates, government reports, and the archival materials preserved by the Odd Fellows. The interdisciplinary dimensions of the study are found in the larger theoretical context of the analysis, which addresses the nature of modernity and the concept of social trust—issues explored from a historian’s persective by Vernon, from a sociologist’s perspective by Giddens and Misztal, and from an anthropologist’s perspective by Scott.1 The footnotes document the range of primary and secondary works that form the foundation for this study, but the lack of a formal bibliography sometimes makes it difficult to keep track of Ismay’s different historiographical strands, especially given the absence in the index of important theoretical and historiographical matters treated in the notes. Ismay’s discussion follows an arc from the sixteenth to the early twentieth centuries, draws out the mutually constitutive roles of contingency and individual agency at important points of departure in the development of friendly societies, and complicates our understanding of the distinction between the modern and the early modern. Ismay’s fine work makes a significant contribution to our understanding of this period and serves as a rich pre-history of the welfare state.