The Underground Wealth of Nations : On the Capitalist Origins of Silver Mining, A.D. 1150-1450 Hardback
by Jeannette Graulau
Part of the Yale Series in Economic and Financial History series
Hardback
Description
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.
Information
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Out of stock
- Format:Hardback
- Pages:392 pages, 40 b-w illus.
- Publisher:Yale University Press
- Publication Date:26/11/2019
- Category:
- ISBN:9780300218220
Information
-
Out of stock
- Format:Hardback
- Pages:392 pages, 40 b-w illus.
- Publisher:Yale University Press
- Publication Date:26/11/2019
- Category:
- ISBN:9780300218220
