Abstract
Whether assuming the form of personal notes in 1792, bills of exchange in 1819, bank drafts in 1837, railway mortgages in 1857, greenbacks during the Civil War, second-mortgage bonds in 1873, gold reserves in 1893, loan certificates in 1907, or banker 's acceptances in 1913, credit has consistently been the subject of a visceral struggle over what form money should assume and who would consequently have access to it. "3 Economic history cannot explain such a great transformation, let alone recognize it.4 Unfortunately, "capitalism" itself has already emerged as a marketing niche for publishers-a development most evident in Hyman's Borrow, whose glib prose and sloppy editing are as much a manifestation of the mass market as the subjects of the book-which threatens to empty it of critical meaning.
Original language | English |
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Pages (from-to) | 398-404 |
Number of pages | 7 |
Journal | Reviews in American History |
Volume | 42 |
Issue number | 3 |
State | Published - 2014 |
Keywords
- Bankruptcy
- Bankruptcy reorganization
- Banks
- Book reviews
- Books
- Capitalism
- Consumer credit
- Debt
- Financial crises
- History
- Loans
- Nelson, Hyman
- Scott Reynolds, Louis
- Profits
- United States