Credit Nation (eBook)

Property Laws and Institutions in Early America

Claire Priest (Autor)

eBook Download: EPUB

2021
248 Seiten
Princeton University Press (Verlag)
978-0-691-18565-1 (ISBN)

Infos

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.

Produkt-Details

• Erscheint lt. Verlag: 2.2.2021
• Reihe/Serie: The Princeton Economic History of the Western World
• Reihe/Serie: The Princeton Economic History of the Western World
• Sprache: englisch
• Themenwelt: Geschichte ► Allgemeine Geschichte ► Neuzeit (bis 1918)
• Themenwelt: Geisteswissenschaften ► Geschichte ► Regional- / Ländergeschichte
• Themenwelt: Geschichte ► Teilgebiete der Geschichte ► Wirtschaftsgeschichte
• Themenwelt: Recht / Steuern ► EU / Internationales Recht
• Themenwelt: Recht / Steuern ► Privatrecht / Bürgerliches Recht ► Sachenrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Rechnungswesen / Bilanzen
• Themenwelt: Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Immobilienwirtschaft
• Schlagworte: Act of Parliament • Adam Smith • Alexander Hamilton • American Recovery and Reinvestment Act of 2009 • American Revolution • Atlantic Economy • Auction • balance of trade • Bankruptcy • behalf • Bernard Bailyn • Bond Market • British America • British Empire • british parliament • By-law • Cambridge University Press • Capitalism • Collection agency • colonial assemblies • colonial charters • Colonialism • Commerce • Commodity • Conveyancing • Copyright • county court • Credit Agreement • credit history • Creditor • Currency • daniel webster • debt • Debtor • Debt Recovery Act • debt relief • Declaration of Independence • deed • Economic Development • Economic Growth • Economic History • Economics • economy • English law • English property law • Equity of redemption • Estate in land • executor • fee simple • fee tail • feudalism • foreclosure • Founding Fathers • Fraud • Headright • history of capitalism • history of mortgage law • Homestead exemption • income • Institution • institutions and economic history • Interest Rate • James Kent • James Madison • Jeffrey G. Williamson • Joseph Story • laborer • land conveyancing • Land Tenure • law of slavery • Lawsuit • lawyer • Legal History • legal process • Legal remedy • Legislation • Legislature • LIEN • Massachusetts Bay Company • mortgage law • mortgage loan • Navigation Acts • New England Colonies • Ownership • Pamphlet • Parliamentary authority • Payment • Personal property • Politician • Politics • Precedent • Primogeniture • Princeton University Press • probate • Property Law • Provision (accounting) • Public auction • Real Property • Recession • Regulation • Right of redemption • right to property • Robert J. Gordon • Secured Creditor • Slavery • Slavery in the United States • Socage • southern colonies • Stamp Act Congress • standard of living • State law (United States) • Statute • Tax • The Wealth of Nations • Thomas Jefferson • Title (property) • title recording • Unsecured creditor • Unsecured debt • US Colonial History • usury • Walter Scheidel • Wealth • Writ of execution
• ISBN-10: 0-691-18565-4 / 0691185654
• ISBN-13: 978-0-691-18565-1 / 9780691185651