Abstract

Anne L. Murphy of University of Hertfordshire reviews, “Prometheus Shackled: Goldsmith Banks and England's Financial Revolution after 1700” by Peter Temin and Hans-Joachim Voth. The Econlit abstract of this book begins: “Explores the history of goldsmith banks and their role in the growth of England's economy after 1700. Discusses earning and spending in eighteenth-century London; the financial revolution; goldsmith banks; borrowers, investors, and usury laws; the South Sea Bubble; the triumph of boring banking; and finance and slow growth during the Industrial Revolution. Temin is Elisha Gray II Professor Emeritus of Economics at the Massachusetts Institute of Technology. Voth is ICREA Research Professor at the Universitat Pompeu Fabra.”

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