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Credit Nation
Property Laws and Institutions in Early America
Taschenbuch von Claire Priest
Sprache: Englisch

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Beschreibung

How American colonists laid the foundations of American capitalism with an economy built on credit

Even before the United States became a country, laws prioritizing access to credit set colonial America apart from the rest of the world. Credit Nation examines how the drive to expand credit shaped property laws and legal institutions in the colonial and founding eras of the republic.

In this major new history of early America, Claire Priest describes how the British Parliament departed from the customary ways that English law protected land and inheritance, enacting laws for the colonies that privileged creditors by defining land and slaves as commodities available to satisfy debts. Colonial governments, in turn, created local legal institutions that enabled people to further leverage their assets to obtain credit. Priest shows how loans backed with slaves as property fueled slavery from the colonial era through the Civil War, and that increased access to credit was key to the explosive growth of capitalism in nineteenth-century America.

Credit Nation presents a new vision of American economic history, one where credit markets and liquidity were prioritized from the outset, where property rights and slaves became commodities for creditors' claims, and where legal institutions played a critical role in the Stamp Act crisis and other political episodes of the founding period.

How American colonists laid the foundations of American capitalism with an economy built on credit

Even before the United States became a country, laws prioritizing access to credit set colonial America apart from the rest of the world. Credit Nation examines how the drive to expand credit shaped property laws and legal institutions in the colonial and founding eras of the republic.

In this major new history of early America, Claire Priest describes how the British Parliament departed from the customary ways that English law protected land and inheritance, enacting laws for the colonies that privileged creditors by defining land and slaves as commodities available to satisfy debts. Colonial governments, in turn, created local legal institutions that enabled people to further leverage their assets to obtain credit. Priest shows how loans backed with slaves as property fueled slavery from the colonial era through the Civil War, and that increased access to credit was key to the explosive growth of capitalism in nineteenth-century America.

Credit Nation presents a new vision of American economic history, one where credit markets and liquidity were prioritized from the outset, where property rights and slaves became commodities for creditors' claims, and where legal institutions played a critical role in the Stamp Act crisis and other political episodes of the founding period.

Über den Autor
Claire Priest
Details
Erscheinungsjahr: 2022
Genre: Geschichte, Importe
Rubrik: Geisteswissenschaften
Medium: Taschenbuch
Inhalt: Einband - flex.(Paperback)
ISBN-13: 9780691241722
ISBN-10: 0691241724
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Priest, Claire
Hersteller: Princeton University Press
Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 234 x 158 x 22 mm
Von/Mit: Claire Priest
Erscheinungsdatum: 20.12.2022
Gewicht: 0,374 kg
Artikel-ID: 121488065
Über den Autor
Claire Priest
Details
Erscheinungsjahr: 2022
Genre: Geschichte, Importe
Rubrik: Geisteswissenschaften
Medium: Taschenbuch
Inhalt: Einband - flex.(Paperback)
ISBN-13: 9780691241722
ISBN-10: 0691241724
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Priest, Claire
Hersteller: Princeton University Press
Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 234 x 158 x 22 mm
Von/Mit: Claire Priest
Erscheinungsdatum: 20.12.2022
Gewicht: 0,374 kg
Artikel-ID: 121488065
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