The Evolution of the Money Market 1385-1915: An Historical and Analytical Study of the Rise and Development of Finance as a Centralised, Co-Ordinated

ISBN-13: 9781138060401 / Angielski / Miękka / 2019 / 746 str.

Ellis T. Powell

Opis

This reissue (1916) is still recognised as a valuable historical and analytical study of the rise and development of finance as a centralised, coordinated force during the period 1385 to 1915. It examines the evolution of the money market, and describes the decline of the anti-usury sentiment, the beginnings of banking, and the early stock exchange.

Spis treści

Part 1. Introductory Historical Sketch  1. The Embryology of the Money Market  2. The Early Money Market; Decline of Anti-Usury Sentiment; Beginnings of Banking  3. The Supremacy of the Goldsmith Bankers  4. The Bank of England: Extension of Banking Enterprise  5. The Stock Exchange (1500-1815)  6. The Joint Stock Company; Transferable Shares and Limited Liability; Insurance  Part 2. The Nucleus of Organisation  7. The Prestige of the Bank of England  Part 3. The Rise of the Modern Money Market  8. The Modern Money Market; The Biological Analogy Elaborated  9. The Aggregation of Capital; The Absence of Banking Principles  10. The Rise of the Joint Stock Banks  11. The Panic of 1825 and the ‘Pressure’ of 1836-1839  12. The Bank Charter Act and the 1847 Panic  13. The 1857 Panic; The Widening Area and the ‘New Spirit’ in Finance  14. The Overend-Gurney Crisis and the End of Isolation and Disunion  15. Natural Selection Among the Banks; Absorption and Amalgamation  16. The Financial Trusts; ‘Investment by Proxy’ and Its Extension  Part 4. The Struggle Towards Consolidation  17. Financial Confederacy ‘In a Flood’  18. The Baring Crisis, 1890  19. The Stock Exchange As a Function of the Modern Money Market  Part 5. Confederacy, The Great Avowal and the Supreme Test  20. Post-Baring Evolution; Bankers’ Council at the Bank of England

O autorze

Ellis T. Powell