City of capital :politics and markets in the English financial revolution
- 作者: Carruthers, Bruce G.
- 出版: Princeton, N.J. : Princeton University Press ©1996.
- 稽核項: 1 online resource (xiv, 303 pages) :illustrations.
- 標題: Finance. , Großbritannien , Marché financier 18e siècle. , Capital market History -- 17th century. , South Sea Company 18e siècle. , Kapitalmarkt , Great Britain , East India Company. , Politique économique , Financiële politiek. , Marché financier Histoire -- 18e siècle. , Bank of England History -- 18th century. , Finances , Finanzpolitik , Politics and government , Bank of England , Capital market , BUSINESS & ECONOMICS Finance. , Great Britain Politics and government -- 18th century. , East India Company , Grande-Bretagne , Finances Grande-Bretagne -- Histoire -- 1500-1800. , East India Company History -- 18th century. , Bank of England 18e siècle. , BUSINESS & ECONOMICS , Bank of England. , Bank of England Histoire -- 18e siècle. , South Sea Company , Kapitaalmarkt. , Mercado de capital. , Grande-Bretagne Politique et gouvernement -- 18e siècle. , Marché financier , Great Britain Politics and government -- 1689-1702. , Capital market History -- 18th century. , Electronic books. , East India Company Histoire -- 18e siècle. , Capital market. , History , Finanzwirtschaft , East India Company 18e siècle. , South Sea Company History -- 18th century. , Histoire , Marché financier Grande-Bretagne -- Histoire -- 1500-1800. , Politique et gouvernement , South Sea Company Histoire -- 18e siècle. , Marché financier Histoire -- 17e siècle. , South Sea Company. , Great Britain. , Grande-Bretagne Politique économique -- 1500-1800. , Grande-Bretagne Politique et gouvernement -- 1689-1702. , 1600-1799
- ISBN: 1400822106 , 9781400822102
- 試查全文@TNUA:
- 附註: Includes bibliographical references (pages 267-298) and index. Ch. 1. Introduction -- Ch. 2. British Politics from 1672 to 1712 -- Ch. 3. Finance and State-Formation -- Ch. 4. Britain in Comparative Perspective -- Ch. 5. Financial Property Rights and the State -- Ch. 6. Politics and the Joint-Stock Companies -- Ch. 7. Trading on the London Stock Market -- Ch. 8. Government Bonds and Political Bonds.
- 摘要: While many have examined how economic interests motivate political action, Bruce Carruthers explores the reverse relationship in political economy by focusing on how political interests shape a market. The author 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. He examines the institutional linkage between politics and the market that consisted of three joint-stock companies - the Bank of England, the East India Company, and the South Sea Company - which all loaned large sums to the government and whose shares dominated trading on the stock market. Through innovative research that connects the voting behavior of individuals in parliamentary elections with their economic behavior in the stock market, Carruthers demonstrates that party conflict figured prominently during the company foundings as Whigs and Tories tried to dominate company directorships. , For them, the national debt was as much a political as a fiscal instrument. In 1712, the Bank was largely controlled by the Whigs, and the South Sea Company by the Tories. The two parties competed, however, for control of the East India Company, and so Whigs tended to trade shares only with Whigs, and Tories with Tories. 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.
- 電子資源: https://dbs.tnua.edu.tw/login?url=https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=74936
- 系統號: 005299950
- 資料類型: 電子書
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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. Carruthers examines the institutional linkage between politics and the market that consisted of three joint-stock companies--the Bank of England, the East India Company, and the South Sea Company--which all loaned large sums to the government and whose shares dominated trading on the stock market. Through innovative research that connects the voting behavior of individuals in parliamentary elections with their economic behavior in the stock market, Carruthers demonstrates that party conflict figured prominently during the company foundings as Whigs and Tories tried to dominate company directorships. For them, the national debt was as much a political as a fiscal instrument. In 1712, the Bank was largely controlled by the Whigs, and the South Sea Company by the Tories. The two parties competed, however, for control of the East India Company, and so Whigs tended to trade shares only with Whigs, and Tories with Tories. 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.
來源: Google Book
來源: Google Book
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