Republic of Debtors: Bankruptcy in the Age of American IndependenceHarvard University Press, 2002 - 344 pages Debt was an inescapable fact of life in early America. At the beginning of the eighteenth century, its sinfulness was preached by ministers and the right to imprison debtors was unquestioned. By 1800, imprisonment for debt was under attack and insolvency was no longer seen as a moral failure, merely an economic setback. In Republic of Debtors, Bruce H. Mann illuminates this crucial transformation in early American society. |
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... economy , the emergence of a con- sumer marketplace , and a revolution for inde- pendence . In addressing debt ... economics ; it goes to the heart of what a society values . In chroni- cling attitudes toward debt and bankruptcy in early ...
... economy of eighteenth - century America . Virtually every toast offered in its honor by the debtors imprisoned in New York ... economic and legal consequence . They also go to the heart of what a society values . Consider , for example ...
... economic , politi- cal , and legal consequences . The rise of speculation as the investment of choice helped redefine insolvency from a moral delict to an economic one for which imprisonment seemed an inappropriately criminal punishment ...
... economic failure , was not complete by the end of the eigh- teenth century . Nor is it yet . Although weakened , Moody's moral econ- omy of debt still shaped attitudes toward insolvency in the Revolutionary era , whether as an ideal to ...
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Other editions - View all
Republic of Debtors: Bankruptcy in the Age of American Independence Bruce H Mann Limited preview - 2009 |
Republic of Debtors: Bankruptcy in the Age of American Independence Bruce H. Mann Limited preview - 2009 |
Republic of Debtors: Bankruptcy in the Age of American Independence Bruce H. Mann No preview available - 2009 |