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, focussing mainly on London. Economic theory about principal-agent problems and portfolio administration will be used to analyse … this material, information about the decision-making process by one of the biggest investors in the London capital market …, they were invested in shares of chartered companies on the London capital market. During the South Sea Bubble of 1720, the …
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While many have examined how economic interests motivate political action, Bruce Carruthers explores the reverse relationship by focusing on how political interests shape a market. He sets his inquiry within the context of late Stuart England, when an active stock market emerged and when Whig...
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