Prometheus Shackled
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Prometheus Shackled
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Author : Peter Temin
language : en
Publisher: Oxford University Press
Release Date : 2013-01-02
Prometheus Shackled written by Peter Temin and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-02 with Business & Economics categories.
After 1688, Britain underwent a revolution in public finance, and the cost of borrowing declined sharply. Leading scholars have argued that easier credit for the government, made possible by better property-rights protection, lead to a rapid expansion of private credit. The Industrial Revolution, according to this view, is the result of the preceding revolution in public finance. In Prometheus Shackled, prominent economic historians Peter Temin and Hans-Joachim Voth examine this hypothesis using new, detailed archival data from 18th century banks. They conclude the opposite: the financial revolution led to an explosion of public debt, but it stifled private credit. This led to markedly slower growth in the English economy. Temin and Voth collected detailed data from several goldsmith banks: Child's, Gosling's, Freame and Gould, Hoare's, and Duncombe and Kent. The excellent records from Hoare's, founded by Sir Richard Hoare in 1672, offer particular insight. Numerous entrants into the banking business tried their hand at deposit-taking and lending in the early 17th century; few survived and fewer thrived. Hoare's and a small group of competitors did both. Temin and Voth chart the growth of the successful banks in the face of frequent wars and heavy-handed regulations. Their new data allows insights into the interaction between financial and economic development. Government regulations such as (a sharply lower) maximum interest rate caused severe misallocation of credit, and a misguided attempt to lighten the nation's debt burden led directly to the South Sea Bubble in 1720. Frequent wars caused banks to call in loans, resulting in a sharply slower economic growth rate. Based on detailed micro-data, the authors present conclusive evidence that wartime borrowing crowded out investment. Far from fostering economic development, England's financial revolution after 1688 did much to stifle it -- the Hanoverian "warfare state" was a key reason for slow growth during Britain's Industrial Revolution. Prometheus Shackled is a revealing new take on one of the most important periods of economic and financial development.
Prometheus Shackled
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Author : Peter Temin
language : en
Publisher:
Release Date : 2013
Prometheus Shackled written by Peter Temin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Banks and banking categories.
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.
Prometheus Bound
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Author : Aeschylus
language : en
Publisher: New York Review of Books
Release Date : 2015-03-24
Prometheus Bound written by Aeschylus and has been published by New York Review of Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-03-24 with Drama categories.
Prometheus Bound is the starkest and strangest of the classic Greek tragedies, a play in which god and man are presented as radically, irreconcilably at odds. It begins with the shock of hammer blows as the Titan Prometheus is shackled to a rock in the Caucasus. This is his punishment for giving the gift of fire to humankind and for thwarting Zeus’s decision to exterminate the human race. Prometheus’s pain is unceasing, but he refuses to recant his commitment to humanity, to whom he has also brought the knowledge of writing, mathematics, medicine, and architecture. He hints that he knows how Zeus will be brought low in the future, but when Hermes demands that Prometheus divulge his secret, he refuses and is sent spinning into the abyss by a divine thunderbolt. To whom does humanity look for guidance: to the supreme deity or to the rebel Titan? What law controls the cosmos? Prometheus Bound, one of the great poetic achievements of the ancient world, appears here in a splendid new translation by Joel Agee that does full justice to the harsh and keening music of the original Greek.
Prometheus Tamed
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Author : Cornel Zwierlein
language : en
Publisher: BRILL
Release Date : 2021-01-11
Prometheus Tamed written by Cornel Zwierlein and has been published by BRILL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-11 with Business & Economics categories.
Large city fires were a huge threat in premodern Central European every-day life; only quite late, institutional forms of fire insurances emerged as a post-disaster instrument of damage recovery. During the nineteenth century, insurance agencies spread through the World forming a plurality of modernities, safe or unsafe.
Corporate Structure And Banking Resolution
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Author : Marcelo J. Sheppard Gelsi
language : en
Publisher: Springer Nature
Release Date :
Corporate Structure And Banking Resolution written by Marcelo J. Sheppard Gelsi and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Citadel Culture
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Author : Otto Karl Werckmeister
language : en
Publisher: University of Chicago Press
Release Date : 1991-06-25
Citadel Culture written by Otto Karl Werckmeister and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-06-25 with Art categories.
"Citadel" evokes a rich mixture of associations—from images of urban centers of commerce and culture to war and the need to defend what is fortified within. Preserving its layered meanings, O. K. Werckmeister plucks the word from its usual moorings and employs it as a compelling metaphor in a brilliant retrospective of contemporary Western culture.
Making Money
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Author : Christine Desan
language : en
Publisher: Oxford University Press, USA
Release Date : 2014
Making Money written by Christine Desan and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Business & Economics categories.
In this revisionist history of the development of the modern monetary system, Christine Desan argues that money effectively creates economic activity rather than emerging from it. Her account demonstrates that money's design has been a project central to governance and formative to markets.
Man And The Liver From Myth To Science
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Author : Robert D. Cohen
language : en
Publisher: Troubador Publishing Ltd
Release Date : 2011-12-01
Man And The Liver From Myth To Science written by Robert D. Cohen and has been published by Troubador Publishing Ltd this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-12-01 with Science categories.
Man and the Liver describes the development of man’s thinking about the role of the liver, from early times to the present. It considers both culinary and religious uses of the liver and describes the author’s contacts with distinguished scientists who have shaped his thinking. The book discusses many aspects of normal liver structure and function and how these are affected when diseased. It is written to provide scientific information – not as a textbook, but many sections could be used by those studying this field. The topics covered, including some mathematics, can be followed by anyone who has studied science at senior school level. It will appeal to readers interested in human biology, and covers science, medicine, history, hepatology and gastroenterology. Man and the Liver is an interesting and unusual hybrid of these subjects and the personalities involved. Author Robert is currently Emeritus Professor of Medicine at the University of London.
The Prometheus Bound Of Aeschylus
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Author : Aeschylus
language : en
Publisher: Cambridge University Press
Release Date : 2013-08-08
The Prometheus Bound Of Aeschylus written by Aeschylus and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-08-08 with History categories.
Originally published in 1899, this book contains the Greek text of Aeschylus' Prometheus Bound. The tragedy is prefaced with a history of Prometheus in Greek myth and an attempted reconstruction of the other two plays in the Prometheus trilogy, of which Prometheus Bound is the only extant piece.
Prometheus Bound
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Author : Aeschylus Aeschylus
language : en
Publisher:
Release Date : 2018-04-03
Prometheus Bound written by Aeschylus Aeschylus and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-03 with History categories.