By Thomas Max Safley
This quantity takes up financial disaster in early sleek Europe, while its frequency made it not just an fiscal challenge yet a private tragedy and a social evil. utilizing felony, company and private documents, the essays during this quantity research the impression of failure on company firms and practices, capital formation and flow, fiscal associations and ethics, and human networks and kinfolk within the so-called "transition" to trendy society, from the early-sixteenth to the early-nineteenth century. One team of essays concentrates at the German-speaking global and indicates a standard trouble for the microeconomics of financial ruin, that's, for such concerns because the constitution of the enterprise, the character of its capital, and the practices of its companions, specially their evaluate of threat. one other crew of essays shifts the point of interest from important to Western and northern Europe and clear of the microeconomics of the early glossy enterprise to an institutional attention of financial disaster. the ultimate workforce of essays turns to Southern Europe, specifically the Mediterranean basin, to evaluate financial disaster now not as an unlucky results of quandary, yet as an intentional reaction to predicament. the entire contributions are the results of unique examine; some of the students submit in English for the 1st time.
All of the chapters are based on shut archival study, supplying insights not just into company association and perform but additionally into social and cultural features of financial lifestyles from the past due 16th to the early 19th century.