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Credit Nation – Property Laws and Institutions in Early America - Princeton Scholarship Online
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Credit Nation: Property Laws and Institutions in Early America

Claire Priest


Even before the United States became a country, laws prioritizing access to credit set colonial America apart from the rest of the world. This book examines how the drive to expand credit shaped property laws and legal institutions in the colonial and founding eras of the republic. The book describes how the British Parliament departed from the customary ways that English law protected land and inheritance, enacting laws for the colonies that privileged creditors by defining land and slaves as commodities available to satisfy debts. Colonial governments, in turn, created local legal institutio ... More

Keywords: American capitalism, American colonists, credit markets, colonial America, colonial governments, slavery, liquidity, property rights, Stamp Act

Bibliographic Information

Print publication date: 2021 Print ISBN-13: 9780691158761
Published to Princeton Scholarship Online: September 2021 DOI:10.23943/princeton/9780691158761.001.0001


Affiliations are at time of print publication.

Claire Priest, author
Yale Law School