Michael Pollak wrote:
>At the dawn of
>capitalism, when finance just meant lending at interest and notes in hand
From: aaup-catalog at press-www.uchicago.edu Date: Tue, 9 Jan 2001 AAUP new titles listing for 01/09/01
Title: Hoffman, Philip T.: Priceless Markets Publisher: University of Chicago Press
This book shows how credit markets functioned in Paris during a critical period of French history. Its authors challenge the usual assumption that organized financial markets did not emerge outside of England and the Netherlands until the nineteenth century. Drawing on innovative research, the authors show that as early as the Old Regime, financial intermediaries in France were mobilizing a great tide of capital and arranging thousands of loans between borrowers and lenders.
For more information, see the book synopsis at http://www.press.uchicago.edu/cgi-bin/hfs.cgi/00/14044.ctl
hk