From Partisan Banking to Open Access: The Emergence of Free Banking in Early Nineteenth Century Massachusetts (Palgrave Studies in Economic History)
Language: English
Published by Palgrave Pivot, 2017
Series: Book 16 of 104 - Palgrave Studies in Economic History
- Hardcover
- New
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- Title
- From Partisan Banking to Open Access: The Emergence of Free Banking in Early Nineteenth Century Massachusetts (Palgrave Studies in Economic History)
- Author
- Lu, Qian
- Publisher
- Palgrave Pivot
- Publication year
- 2017
- Condition
- New
- Book Type
- book
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 331967644X
- ISBN 13
- 9783319676449
- Series
- Book 16 of 104: Palgrave Studies in Economic History
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.
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About the Author
Qian Lu is Assistant Professor at the School of Economics, Central University of Finance and Economics in Beijing, China.
"About the title" may belong to another edition of this title.
Mispah books
Redhill, Surrey, United Kingdom
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