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The Moral Economy: Poverty, Credit, and Trust in Early Modern Europe
Contributor(s): Fontaine, Laurence (Author)

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ISBN: 1107603706     ISBN-13: 9781107603707
Publisher: Cambridge University Press
OUR PRICE: $33.24  

Binding Type: Paperback - See All Available Formats & Editions
Published: April 2014
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Additional Information
BISAC Categories:
- History | Europe - Renaissance
- Business & Economics | Economics - Macroeconomics
Dewey: 339.460
LCCN: 2013040408
Physical Information: 1" H x 6" W x 8.9" L (1.00 lbs) 325 pages
Features: Bibliography, Index, Price on Product
 
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Publisher Description:
The Moral Economy examines the nexus of poverty, credit, and trust in early modern Europe. It starts with an examination of poverty, the need for credit, and the lending practices of different social groups. It then reconstructs the battles between the Churches and the State around the ban on usury, and analyzes the institutions created to eradicate usury and the informal petty financial economy that developed as a result. Laurence Fontaine unpacks the values that structured these lending practices, namely, the two competing cultures of credit that coexisted, fought, and sometimes merged: the vibrant aristocratic culture and the capitalistic merchant culture. More broadly, Fontaine shows how economic trust between individuals was constructed in the early modern world. By creating a dialogue between past and present, and contrasting their definitions of poverty, the role of the market, and the mechanisms of microcredit, Fontaine draws attention to the necessity of recognizing the different values that coexist in diverse political economies.

Contributor Bio(s): Fontaine, Laurence: - Laurence Fontaine is Director of Research at the French National Center for Scientific Research in Paris. Formerly a professor in the History and Civilization Department at the European University Institute in Florence, Italy, she has published many books and articles in major European journals.
 
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