From Partisan Banking to Open Access : The Emergence of Free Banking in Early Nineteenth Century Massachusetts
1st ed. 2017
by
Qian Lu
Book Details
Format
Hardback or Cased Book
Book Series
Palgrave Studies in Economic History
ISBN-10
331967644X
ISBN-13
9783319676449
Edition
1st ed. 2017
Publisher
Springer International Publishing AG
Imprint
Springer International Publishing AG
Country of Manufacture
CH
Country of Publication
GB
Publication Date
Oct 23rd, 2017
Print length
189 Pages
Weight
392 grams
Dimensions
15.40 x 22.00 x 1.70 cms
Product Classification:
North America (USA and Canada)Political economyEconomic historyBanking
Ksh 8,100.00
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Lu provides a compelling narrative about the connection between inclusive political systems and open access economies, hypothesizing that entry into banking was firstly made upon partisan grounds before later becoming open access/free entry.
How did banking in early nineteenth-century Massachusetts evolve? Lu provides a compelling narrative about the connection between inclusive political systems and open access economies, hypothesizing that entry into banking was firstly made upon partisan grounds before later becoming open access/free entry. Lu investigates state level institutional change and studies the transition to open access from an economic perspective. What was the relationship between banking and political elites? Why were elites, who enjoyed privileges under dominant institutions, willing to dissolve these institutions and eliminate their privileges? The author provides new insights into American economic history, explaining how a society moves from limited access to one of openness.
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