Read Credit Nation: Property Laws and Institutions in Early America (The Princeton Economic History of the Western World)

Credit Nation: Property Laws and Institutions in Early America (The Princeton Economic History of the Western World)

Claire Priest

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Description: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. 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.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Credit Nation: Property Laws and Institutions in Early America (The Princeton Economic History of the Western World). To get started finding Credit Nation: Property Laws and Institutions in Early America (The Princeton Economic History of the Western World), you are right to find our website which has a comprehensive collection of manuals listed.
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ISBN: 0691158762

Description: 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. 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.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Credit Nation: Property Laws and Institutions in Early America (The Princeton Economic History of the Western World). To get started finding Credit Nation: Property Laws and Institutions in Early America (The Princeton Economic History of the Western World), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Credit Nation: Property Laws and Institutions in Early America (The Princeton Economic History of the Western World)

Credit Nation: Property Laws and Institutions in Early America (The Princeton Economic History of the Western World)

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