Financial Failure in Early Modern England

Financial Failure in Early Modern England
Title Financial Failure in Early Modern England PDF eBook
Author Aidan Collins
Publisher Boydell & Brewer
Pages 251
Release 2024-10-29
Genre Business & Economics
ISBN 1837651906

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Analyses how bankruptcy was litigated within the court to gain a more nuanced understanding of early modern bankruptcy. This book examines cases involving bankruptcy brought before the court of Chancery - a court of equity which dealt with civil disputes - between 1674 and 1750. It uncovers the numerous meanings attached to financial failure in early modern England. In its simplest sense, personal financial failure occurred when an individual defaulted on their debts. Because they had not fulfilled their responsibilities and behaved in a trustworthy and credible manner, bankrupt individuals were seen to be immoral. And yet bankruptcy was linked to wider notions of credibility, trustworthiness, and morality. Financial failure was described and debated not just in economic terms, but came to rely on a combination of social, community, and religious values. Bankruptcy cases involved an interconnected network of indebtedness, often including relatives, neighbours, and traders from the local community. As such, conceptions of failure implicated individuals beyond just the bankrupt. As people began to look back and appraise the actions and words of those involved in trade, a far wider network of creditors, debtors, and middlemen were blamed for the knock-on effect of an individual failure. Ultimately, the book investigates the negative aspects of early modern trade networks and the active role of the court when such networks broke down, providing unique access to contemporary understandings of what was considered right and wrong, honourable and deceitful, and criminal and compassionate within the moral landscape of debt recovery during the seventeenth and eighteenth centuries.

Banking, Projecting and Politicking in Early Modern England

Banking, Projecting and Politicking in Early Modern England
Title Banking, Projecting and Politicking in Early Modern England PDF eBook
Author Mabel Winter
Publisher Springer Nature
Pages 306
Release 2022-01-12
Genre Business & Economics
ISBN 3030905705

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Banking, Projecting, and Politicking uncovers a previously understudied and unacknowledged financial institution in late-seventeenth-century England known as Thompson and Company. Whilst the institution has been briefly mentioned in literary studies focusing on the poet and politician Andrew Marvell, it has never been the sole focus of an economic, financial, commercial, or political study in its own right. As such, nothing is known of how it operated, where it sits in the history of English finance, why it collapsed, or what it can tell us about wider Restoration society and its economic and political culture. Through a microhistorical study, the book reconstructs the institution of Thompson and Company, the social networks of its partners, the identity of its creditors, and the events and circumstances that led to its collapse. The book situates the reconstructed institution within its economic, commercial, financial, and political contexts, using the evidence accrued to question the traditional narrative of financial and commercial development, credit systems, the relationship between economics, finance, commerce and politics, and the place of risk and strategy in gendered relations, credit, and social status. The book will be of interest to academics and students in economic history, financial and business history.

Theatre, Finance and Society in Early Modern England

Theatre, Finance and Society in Early Modern England
Title Theatre, Finance and Society in Early Modern England PDF eBook
Author Theodore B. Leinwand
Publisher Cambridge University Press
Pages 217
Release 1999-02-04
Genre Literary Criticism
ISBN 1139425943

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This interesting study examines emotional responses to socio-economic pressures in early modern England, as they are revealed in plays, historical narratives and biographical accounts of the period. These texts yield fascinating insights into the various, often unpredictable, ways in which people coped with the exigencies of credit, debt, mortgaging and capital ventures. Plays discussed include Shakespeare's The Merchant of Venice and Timon of Athens, Jonson's The Alchemist and Massinger's A New Way to Pay Old Debts. They are paired with writings by and about the finances of the corrupt Earl of Suffolk, the privateer Walter Raleigh, the royal agent Thomas Gresham, theatre entrepreneur James Burbage, and the Lord Treasurer Lionel Cranfield. Leinwand's new readings of these texts reveal a blend of affect and cognition concerning finance that includes nostalgia, anger, contempt, embarrassment, tenacity, bravado and humility.

Distrust of Institutions in Early Modern Britain and America

Distrust of Institutions in Early Modern Britain and America
Title Distrust of Institutions in Early Modern Britain and America PDF eBook
Author Brian P. Levack
Publisher Oxford University Press
Pages 211
Release 2022-03-03
Genre Public institutions
ISBN 0192847406

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Distrust of public institutions, which reached critical proportions in Britain and the United States in the first two decades of the twenty-first century, was an important theme of public discourse in Britain and colonial America during the early modern period. Demonstrating broadchronological and thematic range, the historian Brian P. Levack explains that trust in public institutions is more tenuous and difficult to restore once it has been betrayed than trust in one's family, friends, and neighbors, because the vast majority of the populace do not personally know theofficials who run large national institutions. Institutional distrust shaped the political, legal, economic, and religious history of England, Scotland, and the British colonies in America. It provided a theoretical and rhetorical foundation for the two English revolutions of the seventeenth centuryand the American Revolution in the late eighteenth century. It also inspired reforms of criminal procedure, changes in the system of public credit and finance, and challenges to the clergy who dominated the Church of England, the Church of Scotland, and the churches in the American colonies. Thisstudy reveals striking parallels between the loss of trust in British and American institutions in the early modern period and the present day.

The Economy of Obligation

The Economy of Obligation
Title The Economy of Obligation PDF eBook
Author Craig Muldrew
Publisher Palgrave Schol, Print UK
Pages 453
Release 1998
Genre Credit
ISBN 9780333625712

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The Politics of Court Scandal in Early Modern England

The Politics of Court Scandal in Early Modern England
Title The Politics of Court Scandal in Early Modern England PDF eBook
Author Alastair Bellany
Publisher Cambridge University Press
Pages 340
Release 2007-01-29
Genre Biography & Autobiography
ISBN 9780521035439

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This is a detailed 2002 study of the political significance of the murder of Sir Thomas Overbury, 1613.

Political Economy and the States of Literature in Early Modern England

Political Economy and the States of Literature in Early Modern England
Title Political Economy and the States of Literature in Early Modern England PDF eBook
Author Aaron Kitch
Publisher Routledge
Pages 229
Release 2016-04-22
Genre Literary Criticism
ISBN 1317078829

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Crossing the disciplinary borders between political, religious, and economic history, Aaron Kitch's innovative new study demonstrates how sixteenth-century treatises and debates about trade influenced early modern English literature by shaping key formal and aesthetic concerns of authors between 1580 and 1630. The author's analysis concentrates on a commonly overlooked period of economic history-the English commercial revolution before 1620-and, utilizing an impressive combination of archival research, close reading, and attention to historical detail, traces the transformation of genre in both neglected and canonical texts. The topics here are wide-ranging but are presented with a commitment to providing a concrete understanding of the religious, political, and historic context in literary thought. Kitch begins with the emerging wool trade and explosion of economic writing, Spenser's glorification of commerce and the Protestant state as presented in The Faerie Queene, and writers such as Thomas Nashe who drew on the same economic principles to challenge Spenser. Other topics include the reaction to the herring trade in prose satire and pamphlets, the presentation of Jewish trading nations in Shakespeare and Marlowe, and the tension between the crown and London merchants as reflected in Middleton's city comedies and Jonson's and Munday's pageants and court masques.