The Underground Wealth of Nations: On the Capitalist Origins of Silver Mining, A.D. 1150-1450 (Yale Series in Economic and Financial History)
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- Synopsis
- Silver mining was a capitalist business long before the supposed origin of modern capitalism Hundreds of years before a sixteenth†‘century crisis in European agriculture led to the origins of capital, investment, and finance, the silver mining industry exhibited many of the features of modern capitalism. Silver mines were large†‘scale businesses that demanded large investments and steady cash flow, achieved by spreading that risk through fungible shares and creating legal structures to protect entrepreneurs from financial disaster. Jeannette Graulau argues that mining preceded agriculture as the first true capitalist enterprise of the modern world.
- Copyright:
- 2019
Book Details
- Book Quality:
- Publisher Quality
- ISBN-13:
- 9780300249576
- Related ISBNs:
- 9780300218220
- Publisher:
- Yale University Press
- Date of Addition:
- 10/08/19
- Copyrighted By:
- Jeannette Graulau
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- History, Nonfiction, Business and Finance, Philosophy, Politics and Government
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.
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