Prometheus Shackled: Goldsmith Banks and England's Financial Revolution after 1700

by Peter Temin (Author), Hans-Joachim Voth (Author)

• New

  Hardcover
  2013

  $104.90

  Using new archival data from goldsmith banks, Temin and Voth document how government regulation and wartime financing stifled the growth of private credit markets during the Industrial Revolution. They show how, after a turbulent start, banks adapted and found a way to grow, but how the economy at large lost out.