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Author: Andrew McDiarmid
Publisher: Taylor & Francis
ISBN: 100091058X
Category : History
Languages : en
Pages : 212
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Book Description
The years 1690–1727 represented a period of significant change for Scotland. It was a time of grand colonial endeavours and financial innovation, punctuated by bouts of economic turmoil and constitutional and political uncertainty. The infamous Darien Scheme, the establishment of the Bank of Scotland and the Royal Bank of Scotland, the Anglo-Scots Union, the Hanoverian Succession, and the Jacobite rising of 1715, all occurred during this short time span. Therefore, it was not only a period that presented Scotland with opportunities but also a period in which the country ultimately lost its autonomy. It was also during these years, and against this unsettled backdrop, that the Scottish Financial Revolution commenced. The complexity of the Scottish situation during the late seventeenth and the early eighteen centuries has historically made the identification of a Scottish Financial Revolution difficult. This monograph, the first dedicated to the topic, addresses this problem and provides a model for identifying and understanding the revolution through the economic, political, and constitutional contexts of the period. Using examples of financial developments and innovation driven by Scotsmen in Scotland, Europe, and the colonies, this work defines the Scottish Financial Revolution as a series of developments which took place in Scotland when political circumstances allowed, but which also occurred outwith Scotland through the agency of members of the Scottish diaspora. This monograph is therefore the story of how Scotsmen at home and abroad contributed to financial debate and development between 1690 and 1727. Credit, Currency, and Capital: The Scottish Financial Revolution, 1690–1727 will appeal to students and scholars interested in the history of Economics and Finance. It will also be of interest to those studying the history of the Anglo-Scots Union and the complex relationship between Scotland and England.
Author: Andrew McFarland Davis
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 538
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Book Description
Author: Andrew McFarland Davis
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 772
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Book Description
Author: Andrew McFarland Davis
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 582
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Book Description
Author: Andrew McFarland 1833-1920 Davis
Publisher:
ISBN: 9781361535134
Category : History
Languages : en
Pages : 580
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Book Description
Author: Andrew McDiarmid
Publisher: Taylor & Francis
ISBN: 100091058X
Category : History
Languages : en
Pages : 212
Get Book Here
Book Description
The years 1690–1727 represented a period of significant change for Scotland. It was a time of grand colonial endeavours and financial innovation, punctuated by bouts of economic turmoil and constitutional and political uncertainty. The infamous Darien Scheme, the establishment of the Bank of Scotland and the Royal Bank of Scotland, the Anglo-Scots Union, the Hanoverian Succession, and the Jacobite rising of 1715, all occurred during this short time span. Therefore, it was not only a period that presented Scotland with opportunities but also a period in which the country ultimately lost its autonomy. It was also during these years, and against this unsettled backdrop, that the Scottish Financial Revolution commenced. The complexity of the Scottish situation during the late seventeenth and the early eighteen centuries has historically made the identification of a Scottish Financial Revolution difficult. This monograph, the first dedicated to the topic, addresses this problem and provides a model for identifying and understanding the revolution through the economic, political, and constitutional contexts of the period. Using examples of financial developments and innovation driven by Scotsmen in Scotland, Europe, and the colonies, this work defines the Scottish Financial Revolution as a series of developments which took place in Scotland when political circumstances allowed, but which also occurred outwith Scotland through the agency of members of the Scottish diaspora. This monograph is therefore the story of how Scotsmen at home and abroad contributed to financial debate and development between 1690 and 1727. Credit, Currency, and Capital: The Scottish Financial Revolution, 1690–1727 will appeal to students and scholars interested in the history of Economics and Finance. It will also be of interest to those studying the history of the Anglo-Scots Union and the complex relationship between Scotland and England.
Author: Andrew McFarland Davis
Publisher: Palala Press
ISBN: 9781359211316
Category :
Languages : en
Pages :
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Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Author: Marianne Johnson
Publisher: Taylor & Francis
ISBN: 1040232116
Category : Business & Economics
Languages : en
Pages : 386
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Book Description
This collection brings together a comprehensive selection of documents from the history of US and Canadian economic thought from the seventeenth century through to 1900.
Author: Barry Levy
Publisher: University of Pennsylvania Press
ISBN: 0812202619
Category : History
Languages : en
Pages : 361
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Book Description
In the seventeenth and eighteenth centuries, British colonists found the New World full of resources. With land readily available but workers in short supply, settlers developed coercive forms of labor—indentured servitude and chattel slavery—in order to produce staple export crops like rice, wheat, and tobacco. This brutal labor regime became common throughout most of the colonies. An important exception was New England, where settlers and their descendants did most work themselves. In Town Born, Barry Levy shows that New England's distinctive and far more egalitarian order was due neither to the colonists' peasant traditionalism nor to the region's inhospitable environment. Instead, New England's labor system and relative equality were every bit a consequence of its innovative system of governance, which placed nearly all land under the control of several hundred self-governing town meetings. As Levy shows, these town meetings were not simply sites of empty democratic rituals but were used to organize, force, and reconcile laborers, families, and entrepreneurs into profitable export economies. The town meetings protected the value of local labor by persistently excluding outsiders and privileging the town born. The town-centered political economy of New England created a large region in which labor earned respect, relative equity ruled, workers exercised political power despite doing the most arduous tasks, and the burdens of work were absorbed by citizens themselves. In a closely observed and well-researched narrative, Town Born reveals how this social order helped create the foundation for American society.
Author: Farley Grubb
Publisher: University of Chicago Press
ISBN: 0226826031
Category : Business & Economics
Languages : en
Pages : 354
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Book Description
"An essential new history of America's monetary origins. The Second Continental Congress faced multiple daunting challenges when it was convened in summer 1775. First the assembly had to create a de facto government for the loosely joined colonies that would become the United States. It then had to strategize a war effort for what would become the American Revolution. And it also had to figure out how to pay for all of it-without the benefit of any real legal authority to do so. The Continental Dollar is a sweeping, revelatory new history of how the fledgling United States paid for its first war. Economist Farley Grubb upends the folk telling of this story, in which the US printed cross-colony money, called Continentals, to serve as an early fiat currency-a currency that is not tied to a commodity like gold, but rather to the viability and legal authority of the issuer. As Grubb outlines in rigorous terms, the Continental was not a fiat currency, but a "zero-coupon bond"-a wholly different species of currency that is both value-anchored (one Continental was a promise to pay the holder one milled Spanish silver dollar after a defined future time) and subject to discounting by the issuer if that issuer needs fast capital. Through this lens, and as confirmed by Grubb's exhaustive mining of 18th-century colonial monetary records, the appearance of Continental-dollar depreciation was, in fact, capricious discounting: the US was playing easy money in the face of an expensive war. Drawing on decades of research and careful mining of historical evidence, The Continental Dollar is an essential and authoritative origin story of the early American monetary system. It is certain to serve as the benchmark for critical work in this space for decades to come"--
Author: Jonathan Barth
Publisher: Cornell University Press
ISBN: 1501755781
Category : History
Languages : en
Pages : 396
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Book Description
In The Currency of Empire, Jonathan Barth explores the intersection of money and power in the early years of North American history, and he shows how the control of money informed English imperial action overseas. The export-oriented mercantile economy promoted by the English Crown, Barth argues, directed the plan for colonization, the regulation of colonial commerce, and the politics of empire. The imperial project required an orderly flow of gold and silver, and thus England's colonial regime required stringent monetary regulation. As Barth shows, money was also a flash point for resistance; many colonists acutely resented their subordinate economic station, desiring for their local economies a robust, secure, and uniform money supply. This placed them immediately at odds with the mercantilist laws of the empire and precipitated an imperial crisis in the 1670s, a full century before the Declaration of Independence. The Currency of Empire examines what were a series of explosive political conflicts in the seventeenth century and demonstrates how the struggle over monetary policy prefigured the patriot reaction to the Stamp Act and so-called Intolerable Acts on the eve of American independence. Thanks to generous funding from the Arizona State University and George Mason University, the ebook editions of this book are available as Open Access (OA) volumes from Cornell Open (cornellpress.cornell.edu/cornell-open) and other Open Access repositories.
