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This book reassesses the actual effects of the Bubble Act, still
popularly associated with the bursting of the South Sea Bubble. The
book builds on the foundational work of Ron Harris to discuss the
act’s effect on corporate governance, literary culture, colonial
law, and the Industrial Revolution. The Bubble Act was deemed an
empty letter within England itself as it was rarely used in legal
proceedings. Several chapters consider whether this was the case
outside England, from Scotland to the Americas, India, and Africa.
Others assess the impact of the act, both on literary culture and
in the history of economic thought. The act has been conceptualized
as a brake on economic development or of little consequence. This
edited collection offers a timely reassessment of the Bubble Act
and its legacy. Â
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