A Tour in Scotland 1769

A Tour in Scotland 1769
Author :
Publisher :
Total Pages : 508
Release :
ISBN-10 : OXFORD:400314514
ISBN-13 :
Rating : 4/5 (14 Downloads)

Synopsis A Tour in Scotland 1769 by : Thomas Pennant

Legislating Instability

Legislating Instability
Author :
Publisher : Harvard University Press
Total Pages : 221
Release :
ISBN-10 : 9780674969018
ISBN-13 : 0674969014
Rating : 4/5 (18 Downloads)

Synopsis Legislating Instability by : Tyler Beck Goodspeed

From 1716 to 1845, Scotland’s banks were among the most dynamic and resilient in Europe, effectively absorbing a series of adverse economic shocks that rocked financial markets in London and on the continent. Legislating Instability explains the seeming paradox that the Scottish banking system achieved this success without the government controls usually considered necessary for economic stability. Eighteenth-century Scottish banks operated in a regulatory vacuum: no central bank to act as lender of last resort, no monopoly on issuing currency, no legal requirements for maintaining capital reserves, and no formal limits on bank size. These conditions produced a remarkably robust banking system, one that was intensely competitive and served as a prime engine of Scottish economic growth. Despite indicators that might have seemed red flags—large speculative capital flows, a fixed exchange rate, and substantial external debt—Scotland successfully navigated two severe financial crises during the Seven Years’ War. The exception was a severe financial crisis in 1772, seven years after the imposition of the first regulations on Scottish banking—the result of aggressive lobbying by large banks seeking to weed out competition. While these restrictions did not cause the 1772 crisis, Tyler Beck Goodspeed argues, they critically undermined the flexibility and resilience previously exhibited by Scottish finance, thereby elevating the risk that another adverse economic shock, such as occurred in 1772, might threaten financial stability more broadly. Far from revealing the shortcomings of unregulated banking, as Adam Smith claimed, the 1772 crisis exposed the risks of ill-conceived bank regulation.

A Tour in Scotland

A Tour in Scotland
Author :
Publisher :
Total Pages : 270
Release :
ISBN-10 : BML:37001100033252
ISBN-13 :
Rating : 4/5 (52 Downloads)

Synopsis A Tour in Scotland by : Thomas Pennant

Cultures of Improvement in Scottish Romanticism, 1707-1840

Cultures of Improvement in Scottish Romanticism, 1707-1840
Author :
Publisher : Routledge
Total Pages : 367
Release :
ISBN-10 : 9781351056403
ISBN-13 : 1351056409
Rating : 4/5 (03 Downloads)

Synopsis Cultures of Improvement in Scottish Romanticism, 1707-1840 by : Alex Benchimol

The first applied research volume in Scottish Romanticism, this collection foregrounds the concept of progress as 'improvement' as a constitutive theme of Scottish writing during the long eighteenth century. It explores improvement as the animating principle behind Scotland’s post-1707 project of modernization, a narrative both shaped and reflected in the literary sphere. It represents a vital moment in Romantic studies, as a 'four-nations' interrogation of the British context reaches maturity. Equally, the volume contributes to a central concern in the study of Scottish culture, amplifying a critical synthesis of Romanticism and Enlightenment. Chapter 9 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.

The Scots in South Africa

The Scots in South Africa
Author :
Publisher : Manchester University Press
Total Pages : 304
Release :
ISBN-10 : 0719076080
ISBN-13 : 9780719076084
Rating : 4/5 (80 Downloads)

Synopsis The Scots in South Africa by : John MacDonald MacKenzie

This book is the first full-length study of the important role of the Scots in the patterns of White settlement in South Africa, where they were very active in such areas as exploration, botanical and scientific endeavour, military campaigns, the emergence of Christian missions, Western education, intellectual institutions, the professions as well as enterprise and technical developments, business, commerce and journalism.

Discovering the Footsteps of Time

Discovering the Footsteps of Time
Author :
Publisher : Edinburgh Critical Studies in
Total Pages : 0
Release :
ISBN-10 : 1474452477
ISBN-13 : 9781474452472
Rating : 4/5 (77 Downloads)

Synopsis Discovering the Footsteps of Time by : Tom Furniss

Discovering the Footsteps of Time probes the development of a distinctively Scottish tradition of geological travel writing from the seventeenth to early nineteenth century.