Insider Lending by Naomi R. Lamoreaux
Look inside with Google Book Preview
Insider Lending
By Naomi R. Lamoreaux

Insider Lending

Banks, Personal Connections, and Economic Development in Industrial New England

By (author) See other recent books by Naomi R. Lamoreaux
Format: Hardback

Normal Price: $170.00
Your Price: $153.00 AUD, inc. GST
Shipping: $7.95 per order
You Save: $17.00! (10% off normal price)
Plus...earn $7.65 in Boomerang Bucks
Availability: Available Available to Backorder, No Due Date for Supply, Not for Xmas



Insider Lending by Naomi R. Lamoreaux

Book Description

The term insider lending conveys an aura of abuse and corruption, of unethical, if not illegal, behaviour. In early nineteenth-century New England, however, insider lending was an integral aspect of the banking system. Not only was the practice an accepted fact of economic life, but, as Naomi R. Lamoreaux argues, it enabled banks (at least in this particular historical context) to play an important role in financing economic development. As the banking system evolved over the course of the century, however, lending practices became more impersonal and professional. Ironically, the information problems banks faced when they began to conduct more and more of their business at arm's length forced them to concentrate on providing short-term loans to commercial borrowers and to give up financing economic development. This book was first published in 1994.

Buy Insider Lending book by Naomi R. Lamoreaux from Australia's Online Bookstore, Boomerang Books.


Book Details

ISBN: 9780521460965
ISBN-10: 0521460964
Format: Hardback
(228mm x 152mm x 14mm)
Pages: 194
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 24-Jun-1994
Country of Publication: United Kingdom

Other Editions...


Books By Author Naomi R. Lamoreaux

Understanding Long-run Economic Growth by Naomi R. Lamoreaux Understanding Long-run Economic Growth, Hardback (September 2011)

Explores the relationship between economic conditions, growth, and inequality, with a focus on how the monopolization of resources by the political elite limits incentives for ordinary people to invest in human capital or technological discovery.

Financing Innovation in the United States, 1870 to Present by Naomi R. Lamoreaux Financing Innovation in the United States, 1870 to Present, Paperback (September 2009)

Leading economists and economic historians offer case studies and theoretical perspectives that fill a longstanding gap in the existing literature on technology-driven industrial development, discussing the interaction of finance and technological innovation in the American economy since the Second Industrial Revolution.

Learning by Doing in Markets, Firms and Countries by Naomi R. Lamoreaux Learning by Doing in Markets, Firms and Countries, Paperback (February 1999)

Drawing out the underlying economics in business history, this text focuses on learning processes and the development of competitively valuable asymmetries. It shows that organizations learn that this process can be organized effectively, which can have major implications for how competition works.

Insider Lending by Naomi R. Lamoreaux Insider Lending, Paperback (August 1996)

This book, first published in 1994, explores the important role that insider lending played in the economic development of early nineteenth-century New England.

» View all books by Naomi R. Lamoreaux

Reviews

» Have you read this book? We'd like to know what you think about it - write a review about Insider Lending book by Naomi R. Lamoreaux and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write a book review


Boomerang Bucks close

For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.

Recent books by Naomi R. Lamoreaux close
Understanding Long-run Economic Growth by Naomi R. Lamoreaux
Financing Innovation in the United States, 1870 to Present by Naomi R. Lamoreaux
Learning by Doing in Markets, Firms and Countries by Naomi R. Lamoreaux
Insider Lending by Naomi R. Lamoreaux
Great Merger Movement in American Business, 1895-1904 by Naomi R. Lamoreaux
»
BoomerangBooks.com.au close