Debt's Dominion: A History of Bankruptcy Law in America. By David A. Skeel, Jr. Princeton, NJ: Princeton University Press, 2001. Pp. xi. 281. $35.00

Jenny Wahl
Authors registered in the RePEc Author Service: Jenny Bourne

The Journal of Economic History, 2002, vol. 62, issue 2, 628-629

Abstract: Bankruptcy law is the bacteria of the market economy. When a company dies, bankruptcy law figures out how to break down what remains, bring the productive parts back to life, and dispose of the rest. Some consider the market economy a jungle; bankruptcy law simply helps clear the jungle floor.

Date: 2002
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