From Partisan Banking to Open Access - The Emergence of Free Banking in Early Nineteenth Century Massachusetts (Hardcover, 1st ed. 2017)

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.

General

Imprint:	Birkhauser Verlag AG
Country of origin:	Switzerland
Series:	Palgrave Studies in Economic History
Release date:	October 2017
First published:	2017
Authors:	Qian Lu
Dimensions:	210 x 148mm (L x W)
Format:	Hardcover
Pages:	189
Edition:	1st ed. 2017
ISBN-13:	978-3-319-67644-9
Categories:	Books > Business & Economics > Economics > Political economy Books > Humanities > History > History of specific subjects > Economic history Books > Business & Economics > Finance & accounting > Finance > Banking Books > History > History of specific subjects > Economic history Books > Money & Finance > Banking
LSN:	3-319-67644-X
Barcode:	9783319676449

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