A Culture of Credit: Embedding Trust and Transparency in American Business (Harvard Studies in Business History, #50)

by Rowena Olegario

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In the growing and dynamic economy of nineteenth-century America, businesses sold vast quantities of goods to one another, mostly on credit. This book explains how business people solved the problem of whom to trust--how they determined who was deserving of credit, and for how much. Rowena Olegario traces the way resistance, mutual suspicion, skepticism, and legal challenges were overcome in the relentless quest to make information on business borrowers more accurate and available.
  • ISBN13 9780674041639
  • Publish Date 1 July 2009 (first published 30 November 2006)
  • Publish Status Active
  • Publish Country US
  • Imprint Harvard University Press