Financial Failure in Early Modern England
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17th century
18th century
A01=Aidan Collins
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Author_Aidan Collins
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bankruptcy
Category1=Non-Fiction
Category=KCZ
Category=LAZ
COP=United Kingdom
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early modern England
economic history
eq_bestseller
eq_business-finance-law
eq_isMigrated=2
eq_nobargain
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Language_English
PA=Available
Price_€20 to €50
PS=Forthcoming
social history
softlaunch
Product details
- ISBN 9781837651900
- Weight: 1g
- Dimensions: 156 x 234mm
- Publication Date: 29 Oct 2024
- Publisher: Boydell & Brewer Ltd
- Publication City/Country: GB
- Product Form: Paperback
- Language: English
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Analyses how bankruptcy was litigated within the court to gain a more nuanced understanding of early modern bankruptcy.
This book examines cases involving bankruptcy brought before the court of Chancery - a court of equity which dealt with civil disputes - between 1674 and 1750. It uncovers the numerous meanings attached to financial failure in early modern England. In its simplest sense, personal financial failure occurred when an individual defaulted on their debts. Because they had not fulfilled their responsibilities and behaved in a trustworthy and credible manner, bankrupt individuals were seen to be immoral. And yet bankruptcy was linked to wider notions of credibility, trustworthiness, and morality. Financial failure was described and debated not just in economic terms, but came to rely on a combination of social, community, and religious values.
Bankruptcy cases involved an interconnected network of indebtedness, often including relatives, neighbours, and traders from the local community. As such, conceptions of failure implicated individuals beyond just the bankrupt. As people began to look back and appraise the actions and words of those involved in trade, a far wider network of creditors, debtors, and middlemen were blamed for the knock-on effect of an individual failure. Ultimately, the book investigates the negative aspects of early modern trade networks and the active role of the court when such networks broke down, providing unique access to contemporary understandings of what was considered right and wrong, honourable and deceitful, and criminal and compassionate within the moral landscape of debt recovery during the seventeenth and eighteenth centuries.
AIDAN COLLINS currently holds a lectureship in Early Modern British and European History at Newcastle University, having graduated with a BA in History from Goldsmiths, University of London, and a PhD in Early Modern History from the University of York.
