 Credit NetworksMabel Winter ()
Chapter Chapter 6 in Banking, Projecting and Politicking in Early Modern England, 2022, pp 131-156 from Palgrave Macmillan Abstract: Abstract Little evidence survives of the creditors of early modern banks, and Thompson and Company is no different. Without original ledgers or business papers it is impossible to fully reconstruct the business transactions of every customer. However, a list of names from Chancery proceedings in 1679 and other chance findings means that some rudimentary identification can be carried out. This chapter uses surviving source material of Thompson and Company’s creditors to investigate how they described and discussed their financial activities, both with Thompson and Company and other institutions, and why they decided to entrust their money to the partners. In doing so, it demonstrates the importance of interpersonal credit and reputation to institutions as well as individuals and reveals the vague and ambiguous way in which financial activities were described, which suggests a lack of distinction between what we now describe as investments and deposits. Keywords: Networks; Credit; Reputation; Invest; Deposit; Trust (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-030-90570-5_6 Ordering information: This item can be ordered from DOI: 10.1007/978-3-030-90570-5_6 Access Statistics for this chapter More chapters in Palgrave Studies in Economic History from Palgrave Macmillan |
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