Using new archival data from goldsmith banks, Temin and Voth document how government regulation and wartime financing stifled the growth of private credit markets during the Industrial Revolution. They show how, after a turbulent start, banks adapted and found a way to grow, but how the economy at large lost out.
Using new archival data from goldsmith banks, Temin and Voth document how government regulation and wartime financing stifled the growth of private credit markets during the Industrial Revolution. They show how, after a turbulent start, banks adapted and found a way to grow, but how the economy at large lost out.
PT: Gray Professor Emeritus of Economics, MIT, author of many books, including, Engines of Enterprise: An Economic History of New England Press, Lessons from the Great Depression, and Did Monetary Forces Cause the Great Depression? HV: ICREA Research Professor, Economics Department, Universitat Pompeu Fabra, Barcelona, author of Time and Work in England 1750-1830
Inhaltsangabe
Acknowledgments Introduction Chapter 1 - Earning and Spending in Eighteenth-century London Chapter 2 - The Financial Revolution Chapter 3 - Goldsmith Banks Chapter 4 - Borrowers, Investors and Usury Laws Chapter 5 - The South Sea Bubble Chapter 6 - The Triumph of Boring Banking Chapter 7 - Finance and Slow Growth During the Industrial Revolution Chapter 8 - Conclusions Notes References Index
Acknowledgments Introduction Chapter 1 - Earning and Spending in Eighteenth-century London Chapter 2 - The Financial Revolution Chapter 3 - Goldsmith Banks Chapter 4 - Borrowers, Investors and Usury Laws Chapter 5 - The South Sea Bubble Chapter 6 - The Triumph of Boring Banking Chapter 7 - Finance and Slow Growth During the Industrial Revolution Chapter 8 - Conclusions Notes References Index
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