Browsing by Subject "Credit"

Now showing 1 - 2 of 2

Open Access
Access to credit and self-employment
(2006) Selçuk, Emel
This thesis analyzes the impact of access to credit on self-employment. It examines the influence of knowing a place to borrow on the likelihood of owning a business. The analyses are made on farm and non-farm businesses separately. The impacts of different borrowing sources are also discussed. In addition, all these analyses are differentiated between male and female self-employment. It is found that access to credit is a significant determinant of self-employment, but its impacts vary for different sources of borrowing, the sector of self-employment and the gender of the people.
Open Access
"Nothing will satisfy you but money" Debt, freedom, and the mid-atlantic culture of money, 1670–1764
(University of Pennsylvania Press, 2021-02-03) Johnson, Daniel
Politics in British America often centered on the issue of currency. Competing ideas about the nature of money and what constituted just relations of credit and debt also pervaded everyday colonial culture. By the late seventeenth century, some mid-Atlantic colonists believed that colonial debt laws and powerful urban merchants’ monopolization of coin led to the appropriation of debtors’ land and labor. Assembly emissions of bills of credit in New York and Pennsylvania in the 1710s and 1720s eased many debtors’ burdens, but the creation of provincial paper monies enhanced rather than diminished money’s importance as an object of social and political controversy in the region. By the middle of the eighteenth century, supporters of paper money believed that bills of credit uniquely embodied liberty, possessing the power to maintain ordinary inhabitants’ independence. Monetary scarcity, by contrast, portended dispossession and bondage. This article analyzes the petitions, pamphlets, editorials, broadsides, and crowd actions that contributed to the creation of a distinctive culture of money in the mid-Atlantic between the 1670s and 1760s.