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9780716534150

The Empire of Credit The Financial Revolution in the British Atlantic World, 1688-1815

by ;
  • ISBN13:

    9780716534150

  • ISBN10:

    0716534150

  • Format: Hardcover
  • Copyright: 2011-06-14
  • Publisher: Irish Academic Press
  • Purchase Benefits
List Price: $79.94

Summary

This volume explores crucial questions arising from the creation of public debt for the first time and new forms of credit in late seventeenth and eighteenth-century Ireland, Britain, and America. The period saw the establishment of national banks designed to finance government expenditure, vastly expanded tax regimes, and the appearance of novel credit instruments (from national lotteries to annuities). Collectively these developments formed the basis of the 'Financial Revolution¿. How differently did these events play out in Ireland, Britain and America? What circumstances governed the development of banking, finance, and trade among the players in an empire formed by credit?

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