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The History of Bankruptcy - Economic, Social and Cultural Implications in Early Modern Europe (Paperback)
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The History of Bankruptcy - Economic, Social and Cultural Implications in Early Modern Europe (Paperback)
Series: Routledge Explorations in Economic History
Expected to ship within 12 - 17 working days
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This volume takes up bankruptcy in early modern Europe, when its
frequency made it not only an economic problem but a personal
tragedy and a social evil. Using legal, business and personal
records, the essays in this volume examine the impact of failure on
business organizations and practices, capital formation and
circulation, economic institutions and ethics, and human networks
and relations in the so-called "transition" to modern society, from
the early-sixteenth to the early-nineteenth century. One group of
essays concentrates on the German-speaking world and shows a common
concern for the microeconomics of bankruptcy, that is, for such
issues as the structure of the firm, the nature of its capital, and
the practices of its partners, especially their assessment of risk.
Another group of essays shifts the focus from Central to Western
and Northern Europe and away from the microeconomics of the early
modern firm to an institutional consideration of bankruptcy. The
final group of essays turns to Southern Europe, especially the
Mediterranean basin, to assess bankruptcy not as an unfortunate
result of crisis, but as an intentional response to crisis. All of
the contributions are the result of original research; many of the
scholars publish in English for the first time. All of the chapters
are founded on close archival research, offering insights not only
into business organization and practice but also into social and
cultural aspects of economic life from the late sixteenth to the
early nineteenth century.
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