From partisan banking to open access : the emergence of free banking in early nineteenth-century Massachusetts / Qian Lu.
Lu, Qian, author.
2017
HG2611.M4
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Title
From partisan banking to open access : the emergence of free banking in early nineteenth-century Massachusetts / Qian Lu.
Author
Lu, Qian, author.
ISBN
9783319676456 (electronic book)
3319676458 (electronic book)
9783319676449
DOI
https://doi.org/10.1007/978-3-319-67645-6
Published
Cham, Switzerland : Palgrave Pivot [2017]
Language
English
Description
1 online resource.
Item Number
10.1007/978-3-319-67645-6 doi
Call Number
HG2611.M4
Dewey Decimal Classification
332.109744
Summary
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.-- Provided by publisher.
Bibliography, etc. Note
Includes bibliographical references and index.
Access Note
Access limited to authorized users.
Digital File Characteristics
text file PDF
Source of Description
Online resource; title from PDF title page (viewed October 23, 2017).
Series
Palgrave studies in economic history.
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Record Appears in
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Chapter 1: Was the U.S. Born Modern?
Chapter 2: The History of Partisan Banking
Chapter 3: Empirical Studies on Bankers, Legislators, and Political Parties, 1790–1859
Chapter 4: Empirical Studies on Political Connection of Suffolk Legislators, 1790–1859
Chapter 5: Empirical Studies on Bankers’ Wealth and Bank Balance Sheets
Chapter 6: An Intra-Elite Explanation of Open Access
Chapter 7: Conclusion: Democracy, Civil Society, Elites, and Impersonal Rules.

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