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Conclusion and Epilogue

Mary Eschelbach Hansen and Bradley A. Hansen

in Bankrupt in America: A History of Debtors, Their Creditors, and the Law in the Twentieth Century

Published in print:
2020
Published Online:
September 2020
ISBN:
9780226679563
eISBN:
9780226679730
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226679730.003.0007
Subject:
Economics and Finance, Economic History

The conclusion reviews four themes in the evolution of bankruptcy and bankruptcy law. First, long run growth in personal bankruptcy comes from growth in the supply of credit at the extensive margin. ... More


Bankrupt in America: A History of Debtors, Their Creditors, and the Law in the Twentieth Century

Mary Eschelbach Hansen and Bradley A. Hansen

Published in print:
2020
Published Online:
September 2020
ISBN:
9780226679563
eISBN:
9780226679730
Item type:
book
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226679730.001.0001
Subject:
Economics and Finance, Economic History

Though the U.S. Constitution granted it the power to create a bankruptcy law, Congress did not pass the first permanent bankruptcy law until 1898. Bankruptcies rose from about one per 10,000 people ... More


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