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From partisan banking to open access...

Lu, Qian.

From partisan banking to open accessthe emergence of free banking in early nineteenth-century Massachusetts /

Record Type:	Electronic resources : Monograph/item
Title/Author:	From partisan banking to open accessby Qian Lu.
Reminder of title:	the emergence of free banking in early nineteenth-century Massachusetts /
Author:	Lu, Qian.
Published:	Cham :Springer International Publishing :2017.
Description:	xxviii, 189 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
Subject:	Banks and bankingHistory.Massachusetts
Subject:	MassachusettsGuidebooks.
Online resource:	http://dx.doi.org/10.1007/978-3-319-67645-6
ISBN:	9783319676456$q(electronic bk.)

From partisan banking to open accessthe emergence of free banking in early nineteenth-century Massachusetts /
Lu, Qian.

From partisan banking to open accessthe emergence of free banking in early nineteenth-century Massachusetts /[electronic resource] :by Qian Lu. - Cham :Springer International Publishing :2017. - xxviii, 189 p. :ill., digital ;24 cm. - Palgrave studies in economic history. - Palgrave studies in economic history..

Chapter 1: Was the U.S. Born Modern? -- Chapter 2: The History of Partisan Banking -- Chapter 3: Empirical Studies on Bankers, Legislators, and Political Parties, 1790-1859 -- Chapter 4: Empirical Studies on Political Connection of Suffolk Legislators, 1790-1859 -- Chapter 5: Empirical Studies on Bankers' Wealth and Bank Balance Sheets -- Chapter 6: An Intra-Elite Explanation of Open Access -- Chapter 7: Conclusion: Democracy, Civil Society, Elites, and Impersonal Rules.

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.

ISBN: 9783319676456$q(electronic bk.)

Standard No.: 10.1007/978-3-319-67645-6doiSubjects--Topical Terms:

794602
Banks and banking
--History.--MassachusettsSubjects--Geographical Terms:

437684
Massachusetts
--Guidebooks.

LC Class. No.: HG2611.M4 / L875 2017

Dewey Class. No.: 332.109744

From partisan banking to open accessthe emergence of free banking in early nineteenth-century Massachusetts /
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