City of Capital: Politics and Markets in the English Financial Revolution

City of Capital: Politics and Markets in the English Financial Revolution
ISBN-10
0691049602
ISBN-13
9780691049601
Category
Business & Economics
Pages
320
Language
English
Published
1999-12-19
Publisher
Princeton University Press
Author
Bruce G. Carruthers

Description

"While many have examined how economic interests motivate political action, Bruce Carruthers explores the reverse relationship by focusing on how political interests shape a market. He sets his inquiry within the context of late Stuart England, when an active stock market emerged and when Whig and Tory parties vied for control of a newly empowered Parliament. Probing such connections between politics and markets at both institutional and individual levels, Carruthers ultimately argues that competitive markets are not inherently apolitical spheres guided by economic interest but rather ongoing creations of social actors pursuing multiple goals." -- BACK COVER.

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