9780226679563-022667956X-Bankrupt in America: A History of Debtors, Their Creditors, and the Law in the Twentieth Century (Markets and Governments in Economic History)

Bankrupt in America: A History of Debtors, Their Creditors, and the Law in the Twentieth Century (Markets and Governments in Economic History)

ISBN-13: 9780226679563
ISBN-10: 022667956X
Edition: First Edition
Author: Bradley A. Hansen, Mary Eschelbach Hansen
Publication date: 2020
Publisher: University of Chicago Press
Format: Hardcover 224 pages
Category: Finance
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Book details

ISBN-13: 9780226679563
ISBN-10: 022667956X
Edition: First Edition
Author: Bradley A. Hansen, Mary Eschelbach Hansen
Publication date: 2020
Publisher: University of Chicago Press
Format: Hardcover 224 pages
Category: Finance

Summary

Bankrupt in America: A History of Debtors, Their Creditors, and the Law in the Twentieth Century (Markets and Governments in Economic History) (ISBN-13: 9780226679563 and ISBN-10: 022667956X), written by authors Bradley A. Hansen, Mary Eschelbach Hansen, was published by University of Chicago Press in 2020. With an overall rating of 3.8 stars, it's a notable title among other Finance books. You can easily purchase or rent Bankrupt in America: A History of Debtors, Their Creditors, and the Law in the Twentieth Century (Markets and Governments in Economic History) (Hardcover) from BooksRun, along with many other new and used Finance books and textbooks. And, if you're looking to sell your copy, our current buyback offer is $0.79.

Description

In 2005, more than two million Americans—six out of every 1,000 people—filed for bankruptcy. Though personal bankruptcy rates have since stabilized, bankruptcy remains an important tool for the relief of financially distressed households. In Bankrupt in America, Mary and Brad Hansen offer a vital perspective on the history of bankruptcy in America, beginning with the first lasting federal bankruptcy law enacted in 1898.

Interweaving careful legal history and rigorous economic analysis, Bankrupt in America is the first work to trace how bankruptcy was transformed from an intermittently used constitutional provision, to an indispensable tool for business, to a central element of the social safety net for ordinary Americans. To do this, the authors track federal bankruptcy law, as well as related state and federal laws, examining the interaction between changes in the laws and changes in how people in each state used the bankruptcy law. In this thorough investigation, Hansen and Hansen reach novel conclusions about the causes and consequences of bankruptcy, adding nuance to the discussion of the relationship between bankruptcy rates and economic performance.

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