The Promise And Peril Of Credit Princeton University Press

The Promise And Peril Of Credit Princeton University Press Hardcover. the promise and peril of credit takes an incisive look at pivotal episodes in the west’s centuries long struggle to define the place of private finance in the social and political order. it does so through the lens of a persistent legend about jews and money that reflected the anxieties surrounding the rise of impersonal credit. Credit default swaps, an innovation of the 1990s and the target of buffett’s censure, are only the latest creation of financial engineering, developed in order to facilitate both risk management and speculation.

Promise And Peril вђ Harvard University Press Princeton university press book the promise and peril of credit: what a forgotten legend about jews and finance tells us about the making of european commercial society. The promise and peril of credit takes an incisive look at pivotal episodes in the west’s centuries long struggle to define the place of private finance in the social and political order. it does so through the lens of a persistent legend about jews and money that reflected the anxieties surrounding the rise of impersonal credit markets. The promise and peril of credit is a book as erudite as it is sweeping. with ease and elegance, the author crosses not only language barriers, but also the trans temporal divide between early modern and modern times. . . . trivellato adds important nuance to our understanding of anti judaism.". In this enthralling and incisive study, the promise and peril of credit: what a forgotten legend about jews and finance tells us about the making of european commercial society, francesca trivellato takes as her goal the elucidation of early modern concepts of commercial activity—more specifically, of the moral and ethical borders of the credit market.