Empire of credit : the financial revolution in the British Atlantic world, 1688-1815 /

This collection of eleven articles on the history of finance examines the era of rapid organized economic development in Britain, Ireland and America in the eighteenth century and the effects of new philosophies of money, taxation and fiscal policy on these nations. The work is divided into sections...

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Bibliographic Details
Other Authors: Carey, Daniel (Professor), Carey, Daniel, Dr, Finlay, Christopher (Christopher J.)
Format: Book
Language:English
Published: Dublin ; Portland, Or. : Irish Academic Press, 2011
Dublin ; Portland, Ore : 2011
Dublin ; Portland, Ore. : 2011
Dublin ; Portland, Or. : 2011
Subjects:
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245 0 0 |a Empire of credit :  |b the financial revolution in the British Atlantic world, 1688-1815 /  |c edited by Daniel Carey and Christopher J. Finlay 
260 |a Dublin ;  |a Portland, Or. :  |b Irish Academic Press,  |c 2011 
260 |a Dublin ;  |a Portland, Ore :  |b Irish Academic Press,  |c 2011 
260 |a Dublin ;  |a Portland, Ore. :  |b Irish Academic Press,  |c 2011 
264 1 |a Dublin ;  |a Portland, Or. :  |b Irish Academic Press,  |c 2011 
300 |a xviii, 302 p. ;  |c 24 cm 
300 |a xviii, 302 pages ;  |c 24 cm 
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504 |a Includes bibliographical references (p. [271]-298) and index 
504 |a Includes bibliographical references (pages [271]-298) and index 
505 0 0 |g 1  |t Empire of Credit: English, Scottish, Irish, and American Contexts --  |g 2.  |t John Locke, Money, and Credit /  |r Daniel Carey --  |g 3.  |t Commerce and the Law of Nations in Hume's Theory of Money /  |r Daniel Carey --  |g 4.  |t Leviathan's Defenders: Scottish Historical Discourse and the Political Economy of Progress /  |r Christopher J. Finlay --  |g 5.  |t Money and Empire: The Failure of the Royal African Company /  |r Paul Tonks --  |g 6.  |t Britain's Political and Economic Response to Emerging Colonial Economic Independence /  |r Robin Hermann --  |g 7.  |t 'The Sacredness of Public Credit': The American Revolution, Paper Currency, and John Witherspoon's Essay on Money (1786) /  |r Hermann Wellenreuther --  |g 8.  |t 'The Public Wealth is the Sinew, the Life, of Every Public Measure': The Creation and Maintenance of a National Debt in Ireland, 1716-45 /  |r Roger J. Fechner --  |g 9.  |t 'Vested' Interests and Debt Bondage: Credit as Confessional Coercion in Colonial Ireland /  |r Charles Ivar McGrath --  |g 10.  |t Failure of Berkeley's Bank: Money and Libertinism in Eighteenth-Century Ireland /  |r Sean Moore --  |g 11.  |t Suspension of Cash Payments and Ireland's Narrative Economy: The Contexts of Maria Edgeworth's 'National' Novels /  |r C. George Caffentzis. 
520 |a This collection of eleven articles on the history of finance examines the era of rapid organized economic development in Britain, Ireland and America in the eighteenth century and the effects of new philosophies of money, taxation and fiscal policy on these nations. The work is divided into sections covering political economy in enlightenment Britain, change and exchange in the British colonies and credit and public policy in Ireland and individual papers address such topics as Locke, money and credit, political and economic responses to emerging colonial economic independence and debt bondage in colonial Ireland. Contributors include academics in the fields of history, political science and economics from universities in the U.S. and Europe. Distributed in the U.S. by ISBS. Annotation ©2011 Book News, Inc., Portland, OR (booknews.com) 
520 |a This timely book explores crucial questions arising from the creation of public debt fro 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? In this volume leading scholars in the field discuss rival philosophies of money among the major intellectual figures of the period (including Locke, Hume, and Adam Smith); the role of the state in securing public loyalty through investment in national debt; the continued need for hard currency even as new forms of credit and paper money began to enter widespread circulation; America's trading relationship with Britain and the crisis in currency after Independence; and Ireland's distinctive position: the country remained outside the union formed between Scotland and England, yet it was integrated into British and American markets while innovating in finance and banking along lines established in England. -- Inside jacket flap 
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