[Free read ebook] A Culture of Credit: Embedding Trust and Transparency in American Business (Harvard Studies in Business History)






 | #3362320 in eBooks |  2009-06-30 |  2009-06-30 | File Name: B007OWQXCG


|| |Rowena Olegario has filled an important gap in American business history. A Culture of Credit is a straightforward, clearly written study of an important and understudied question: how did creditworthiness come to be determined in American mercantile

In the growing and dynamic economy of nineteenth-century America, businesses sold vast quantities of goods to one another, mostly on credit. This book explains how business people solved the problem of whom to trust--how they determined who was deserving of credit, and for how much. Rowena Olegario traces the way resistance, mutual suspicion, skepticism, and legal challenges were overcome in the relentless quest to make information on business borrowers more accurate a...


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