The Economy of Obligation
By:C. Muldrew
Published on 2016-07-27 by Springer

This book is an excellent work of scholarship. It seeks to redefine the early modern English economy by rejecting the concept of capitalism, and instead explores the cultural meaning of credit, resulting from the way in which it was economically structured. It is a major argument of the book that money was used only in a limited number of exchanges, and that credit in terms of household reputation, was a 'cultural currency' of trust used to transact most business. As the market expanded in the late-sixteenth century such trust became harder to maintain, leading to an explosion of debt litigation, which in turn resulted in social relations being partially redefined in terms of contractual equality.

This Book was ranked at 16 by Google Books for keyword economy.

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Book which was published by Springer since 2016-07-27 have ISBNs, ISBN 13 Code is 9781349268795 and ISBN 10 Code is 1349268798

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