03730nam 22007455 450 991025505340332120250918163215.09783319676456331967645810.1007/978-3-319-67645-6(PPN)289968399(CKB)4100000000881712(DE-He213)978-3-319-67645-6(MiAaPQ)EBC5098681(Perlego)3497607(EXLCZ)99410000000088171220171009d2017 u| 0engurnn#008mamaatxtrdacontentcrdamediacrrdacarrierFrom Partisan Banking to Open Access The Emergence of Free Banking in Early Nineteenth Century Massachusetts /by Qian Lu1st ed. 2017.Cham :Springer International Publishing :Imprint: Palgrave Pivot,2017.1 online resource (XXVIII, 189 p. 47 illus., 45 illus. in color.)Palgrave Studies in Economic History,2662-65009783319676449 331967644X Includes bibliographical references and index.Chapter 1: Was the U.S. Born Modern? -- Chapter 2: The History of Partisan Banking -- Chapter 3: Empirical Studies on Bankers, Legislators, and Political Parties, 1790-1859 -- Chapter 4: Empirical Studies on Political Connection of Suffolk Legislators, 1790-1859 -- Chapter 5: Empirical Studies on Bankers' Wealth and Bank Balance Sheets -- Chapter 6: An Intra-Elite Explanation of Open Access -- Chapter 7: Conclusion: Democracy, Civil Society, Elites, and Impersonal Rules.How did banking in early nineteenth-century Massachusetts evolve? Lu provides a compelling narrative about the connection between inclusive political systems and open access economies, hypothesizing that entry into banking was firstly made upon partisan grounds before later becoming open access/free entry. Lu investigates state level institutional change and studies the transition to open access from an economic perspective. What was the relationship between banking and political elites? Why were elites, who enjoyed privileges under dominant institutions, willing to dissolve these institutions and eliminate their privileges? The author provides new insights into American economic history, explaining how a society moves from limited access to one of openness.Palgrave Studies in Economic History,2662-6500Economic historyFinanceHistoryInternational economic relationsMacroeconomicsFinancial services industryNorth AmericaEconomic conditionsEconomic HistoryFinancial HistoryInternational Political Economy'Macroeconomics and Monetary EconomicsFinancial ServicesNorth American EconomicsEconomic history.Finance.History.International economic relations.Macroeconomics.Financial services industry.North AmericaEconomic conditions.Economic History.Financial History.International Political Economy'.Macroeconomics and Monetary Economics.Financial Services.North American Economics.330.9Lu Qianauthttp://id.loc.gov/vocabulary/relators/aut980136BOOK9910255053403321From Partisan Banking to Open Access2235719UNINA