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  1. Home
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  3. The Rise of Financial Capitalism
  • Cited by 67
  • Larry Neal, University of Illinois, Urbana-Champaign
Publisher:
Cambridge University Press
Online publication date:
March 2010
Print publication year:
1991
Online ISBN:
9780511665127
DOI:
https://doi.org/10.1017/CBO9780511665127
Subjects:
Area Studies, Macroeconomics, European History after 1450, History, European Studies, Economic History
Series:
Studies in Macroeconomic History
Information

Book description

This work establishes the existence of a sophisticated and smoothly functioning system of financial markets in the mercantile states of northwestern Europe throughout the 1700s. Based on computer analysis of thousands of price quotes from the financial press of the eighteenth century, the results should force both historians and economists to re-evaluate their understanding of the evolution of financial markets and their importance for the economic developments of that era.

Reviews

‘Everything one would expect from the culmination of a 15-year research project by one of America’s leading economic historians of Europe.’

Source: The Journal of Economic History

‘In bringing capital market operations into new focus, Neal has brought new life to an old debate and has produced a book that deserves to be widely read and discussed.’

Source: The Times Higher Education Supplement

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