European University Institute Library

Enterprising America, businesses, banks, and credit markets in historical perspective, edited by William J. Collins and Robert A. Margo

eng

Includes bibliographical references and indexes

illustrations

index present

non fiction

Enterprising America

bibliography

900609700

edited by William J. Collins and Robert A. Margo

National Bureau of Economic Research conference report

businesses, banks, and credit markets in historical perspective

The rise of America from a colonial outpost to one of the world's most sophisticated and productive economies was facilitated by the establishment of a variety of economic enterprises pursued within the framework of laws and institutions that set the rules for their organization and operation. To better understand the historical processes central to American economic development, Enterprising America brings together contributors who address the economic behavior of American firms and financial institutions<U+0127> and the associated legal institutions that shaped their behavior<U+0127> throughout the nineteenth and early twentieth centuries. Collectively, the contributions provide an account of the ways in which businesses, banks, and credit markets promoted America's extraordinary economic growth. Among the topics that emerge are the rise of incorporation and its connection to factory production in manufacturing, the organization and operation of large cotton plantations in comparison with factories, the regulation and governance of banks, the transportation revolution's influence on bank stability and survival, and the emergence of long-distance credit in the context of an economy that was growing rapidly and becoming increasingly integrated across space.--, Provided by publisher

Introduction / William J. Collins and Robert A. Margo -- Business organization and internal governance. Revisiting American exceptionalism: democracy and the regulation of corporate governance: the case of nineteenth-century Pennsylvania in comparative context / Naomi R. Lamoreaux -- Corporate governance and the development of manufacturing enterprises in nineteenth-century Massachusetts / Eric Hilt ; comment: Claudia Rei ; The evolution of bank boards of directors in New York, 1840-1950 / Howard Bodenhorn and Eugene N. White -- Bank behavior and credit markets. Did railroads make antebellum U.S. banks more sound? / Jeremy Atack, Matthew S. Jaremski, and Peter L. Rousseau ; Sources of credit and the extent of the credit market: a view from bankruptcy records, Mississippi 1929-1936 / Mary Eschelbach Hansen -- Scale economies in nineteenth century production. Economies of scale in nineteenth century American manufacturing revisited: a resolution of the entrepreneurial labor input problem / Robert A. Margo ; Were antebellum cotton plantations factories in the field? / Alan L. Olmstead and Paul W. Rhode