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Excerpt from Economic Aspects of Railroad Receiverships Special indebtedness is acknowledged to Professor William A. Scott, of the University of Wisconsin, for helpful criticisms, and to the editors of the Railway Age for use of their files of the Age and other periodicals. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
This book examines the history of the first trust company, the Farmers Loan and Trust, and its influence on the evolution of corporate law, regulation, and taxation.
Berk concludes that our understanding of historical political economy must take markets, technologies, and organizational forms as the contingent outcomes of such constitutional politics, rather than as premeditated contexts for state and economic development.