Credit Nation
Credit Nation How American colonists laid the foundations of American capitalism with an economy built on creditEven before the United States became a country, laws prioritizing access to credit set…
Specifikacia Credit Nation
Credit Nation
How American colonists laid the foundations of American capitalism with an economy built on creditEven before the United States became a country, laws prioritizing access to credit set colonial America apart from the rest of the world. Colonial governments, in turn, created local legal institutions that enabled people to further leverage their assets to obtain credit. 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.
Priest shows how loans backed with slaves as
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