Family firms and merchant capitalism in early modern Europe : the business, bankruptcy and resilience of the Höchstetters of Augsburg
Author(s)
Bibliographic Information
Family firms and merchant capitalism in early modern Europe : the business, bankruptcy and resilience of the Höchstetters of Augsburg
(Routledge explorations in economic history)
Routledge, 2020
- : hbk
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Note
Includes bibliographical references (p. [258]-278) and index
Description and Table of Contents
Description
This fascinating study follows the fortunes of the Hoechstetter family, merchant-manufacturers and financiers of Augsburg, Germany, in the late-fifteenth and early-sixteenth centuries, and sheds light on the economic and social history of failure and resilience in early modern Europe. Carefully tracing the chronology of the family's rise, fall and transformation, it moves from the micro- to the macro-level, making comparisons with other mercantile families of the time to draw conclusions and suggest insights into such issues as social mobility, capitalist organization, business techniques, market practices and economic institutions. The result is a microhistory that offers macro-conclusions about the lived experience of early capitalism and capitalistic practices.
This book will be valuable reading for advanced students and researchers of economic, financial and business history, legal history and early modern European history.
Table of Contents
List of Figures. List of Maps. Note on Money. Note on Translations. Acknowledgements. Introduction. 1. Family Firms Considered: "Ambrosius and Hans, the Brothers Hoechstetter and Associates". 2. Capitalistic Practices: The Hoechstetter Brassworks at Pflach. 3. Crisis and Insolvency: Information Management by and about the Hoechstetters. 4. Bankruptcy: Local Institutions and their Consequences 5. Bankruptcy: Financial Markets and Credit Networks. 6. Ruin and Recovery: The Question of Resilience and the Hoechstetter "Family Firm". Conclusion. Appendix 1: Rising Hoechstetter Fortunes. Appendix 2: Hoechstetter Creditors. Bibliography. Index.
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