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The Resource The engine of enterprise : credit in America, Rowena Olegario

The engine of enterprise : credit in America, Rowena Olegario

Label
The engine of enterprise : credit in America
Title
The engine of enterprise
Title remainder
credit in America
Statement of responsibility
Rowena Olegario
Creator
Subject
Language
eng
Summary
American households, businesses, and governments have always used intensive amounts of credit. The Engine of Enterprise traces the story of credit from colonial times to the present, highlighting its productive role in building national prosperity. Rowena Olegario probes enduring questions that have divided Americans: Who should have access to credit? How should creditors assess borrowers' creditworthiness? How can people accommodate to, rather than just eliminate, the risks of a credit-dependent economy? In the 1790s Alexander Hamilton saw credit as "the invigorating principle" that would spur the growth of America's young economy. His great rival, Thomas Jefferson, deemed it a grave risk, inviting burdens of debt that would amount to national self-enslavement. Even today, credit lies at the heart of longstanding debates about opportunity, democracy, individual responsibility, and government's reach. Olegario goes beyond these timeless debates to explain how the institutions and legal frameworks of borrowing and lending evolved and how attitudes about credit both reflected and drove those changes. Properly managed, credit promised to be a powerful tool. Mismanaged, it augured disaster. The Engine of Enterprise demonstrates how this tension led to the creation of bankruptcy laws, credit-reporting agencies, and insurance regimes to harness the power of credit while minimizing its destabilizing effects.--
Assigning source
Provided by Publisher
Cataloging source
DLC
http://library.link/vocab/creatorName
Olegario, Rowena
Illustrations
illustrations
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Commercial credit
  • Mercantile system
  • Finance
  • Economic development
  • United States
Label
The engine of enterprise : credit in America, Rowena Olegario
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEb17817080
Dimensions
25 cm.
Extent
301 pages
Isbn
9780674051140
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)908698884
Label
The engine of enterprise : credit in America, Rowena Olegario
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEb17817080
Dimensions
25 cm.
Extent
301 pages
Isbn
9780674051140
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)908698884

Library Locations

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