A vigorous spirit of enterprise : merchants and economic by Thomas M. Doerflinger

By Thomas M. Doerflinger

A social, monetary, and political learn of Philadelphia retailers, this research provides either the spirit and data of service provider lifestyles. Doerflinger reports the Philadelphia service provider group from 3 views: their advertisement international, their war of words with the Revolution and its aftermath, and their position in diversifying the neighborhood economic climate. The research of entrepreneurship dominates the research and demanding situations long-standing assumptions approximately American fiscal history.

Show description

Read or Download A vigorous spirit of enterprise : merchants and economic development in Revolutionary Philadelphia PDF

Similar economic history books

The Politics of Depression in France 1932-1936

The negative functionality of the French economic system within the Thirties has lengthy been recognized as an enormous contributory think about the decline of the 3rd Republic, which collapsed after the defeat of 1940. even if France entered the good melancholy later than the remainder of the realm, French governments did not research from the event of different international locations in scuffling with it.

The first industrial revolution

This booklet identifies the strategic alterations in fiscal company, commercial constitution and technological development linked to the economic revolution, which happened in Britain over the century 1750-1850 and which marked a watershed in international fiscal improvement - the beginnings of contemporary financial development for built international locations and an instance of spontaneous industrialisation for 3rd global nations.

Structural Dynamics and Economic Growth

Ever considering that Adam Smith, economists were preoccupied with the puzzle of financial progress. The mainstream neo-classical versions of progress that experience mostly ruled sleek development conception are established round assumptions of diminishing returns on additional capital with technological innovation and acceptable associations being obvious as key to monetary development.

The Seventeenth-Century Customs Service Surveyed: William Culliford’s Investigation of the Western Ports, 1682-84

In January 1682, William Culliford, a faithful and skilled officer within the King's customs carrier, started a rare trip lower than Treasury orders to enquire the integrity and potency of the customs institutions of southwest England and south Wales as a part of a force to maximise the Crown's source of revenue from customs tasks (on which it relied for a lot of its revenue).

Additional info for A vigorous spirit of enterprise : merchants and economic development in Revolutionary Philadelphia

Example text

Apr. zz, 1760), Thomas Riche Letterbook, 1748—3764, Thomas Riche Papers, HSP. 20 Character of the Merchant Community commodities, firms varied considerably in how much they traded with other local merchants. A few firms that specialized as commodity brokers dealt simultaneously with a great many merchants. The natural customers of most merchants, however, were local retailers or foreign correspondents, not other Philadelphia wholesalers, and a merchant needed to trade with only a modest fraction of the entire merchant community.

Note: Data based on High, Middle, and Dock wards. gap between such workers as these and even a lesser merchant was indeed enormous. Consider, for example, the finances of Philadelphia's hundreds of indentured servants. If they had had at their point of embarkation for Philadelphia only about ten pounds—3 percent of the annual expenses of a fairly representative merchant—they could have paid their way to America with cash, instead of signing away four years of their life. In social position the merchants were neither conspicuously separate nor equably intermixed with the generality of Philadelphians, and we find the same pattern in the location of their residences.

29 Born in ij^z, he was educated at the College of Philadelphia and was probably sent on the grand tour. In 1760 his father helped him and his brother to enter trade by sending £1,000 to England to establish the brothers' credit with a London dry goods house. Many poorer merchants' sons would have envied his excellent beginning in commerce, but Cadwalader grew tired of ledgers and manifests rather quickly. He could afford to do so, for in 1768 he married the heiress of a very wealthy Maryland planter whose health, conveniently enough, was failing rapidly.

Download PDF sample

Rated 4.38 of 5 – based on 46 votes

Categories: Economic History