Premium Members Get 10% Off and Earn Rewards Find Out More
The Tontine: A History
From the last decades of the seventeenth century until the beginning of the twentieth, the tontine, in one form or another, was a ubiquitous financial instrument. As a revenue-raising tool of governments it supported the cost of war, and as a private capital-raising instrument it provided funding for civic improvement and urban development projects.

While the tontine is known today mainly through fictional works (Robert Louis Stevenson, Agatha Christie, and The Simpsons among others), this book tells the history of how it evolved from a public revenue-raising scheme into a popular private investment and infrastructure financing tool, before it was displaced by cheaper forms of borrowing. Focusing on the early development of the tontine, and with European and North American case studies, the narrative brings to life the story of a little-understood financial innovation.

This concise and engaging book is an ideal introduction to the history of the tontine for all readers interested in financial history.

1145877712
The Tontine: A History
From the last decades of the seventeenth century until the beginning of the twentieth, the tontine, in one form or another, was a ubiquitous financial instrument. As a revenue-raising tool of governments it supported the cost of war, and as a private capital-raising instrument it provided funding for civic improvement and urban development projects.

While the tontine is known today mainly through fictional works (Robert Louis Stevenson, Agatha Christie, and The Simpsons among others), this book tells the history of how it evolved from a public revenue-raising scheme into a popular private investment and infrastructure financing tool, before it was displaced by cheaper forms of borrowing. Focusing on the early development of the tontine, and with European and North American case studies, the narrative brings to life the story of a little-understood financial innovation.

This concise and engaging book is an ideal introduction to the history of the tontine for all readers interested in financial history.

69.99 Pre Order
The Tontine: A History

The Tontine: A History

by Andrew McDiarmid
The Tontine: A History
Add to Wishlist
The Tontine: A History

The Tontine: A History

by Andrew McDiarmid

Overview

From the last decades of the seventeenth century until the beginning of the twentieth, the tontine, in one form or another, was a ubiquitous financial instrument. As a revenue-raising tool of governments it supported the cost of war, and as a private capital-raising instrument it provided funding for civic improvement and urban development projects.

While the tontine is known today mainly through fictional works (Robert Louis Stevenson, Agatha Christie, and The Simpsons among others), this book tells the history of how it evolved from a public revenue-raising scheme into a popular private investment and infrastructure financing tool, before it was displaced by cheaper forms of borrowing. Focusing on the early development of the tontine, and with European and North American case studies, the narrative brings to life the story of a little-understood financial innovation.

This concise and engaging book is an ideal introduction to the history of the tontine for all readers interested in financial history.

Product Details

ISBN-13: 9781032791999
Publisher: Taylor & Francis
Publication date: 10/22/2024
Series: Routledge Focus on Financial History
Pages: 108
Product dimensions: 5.44(w) x 8.50(h) x (d)

About the Author

Andrew McDiarmid earned his PhD from the University of Dundee and attended Yale University's Graduate School of Arts and Sciences. His research focuses on financial history from the early modern period to the twentieth century, with his first monograph on the subject of the Scottish Financial Revolution released in 2023. He is currently the SFI/IRC pathways fellow at University College Dublin, where he is undertaking a major project exploring the history of tontines between the seventeenth and nineteenth centuries.

Table of Contents

1.The Tontine: Here, There and Everywhere 2.The Origins and Early Examples of the Tontine: 1602-1699  3.Public Tontines in the Eighteenth Century 4.Private Tontines in Great Britain and Ireland, Europe, and North America: 1750-1900 5.The Rise and Fall of Tontine Life Insurance in the United States, 1867-1906 6.The Long Shadow of the Tontine Index

 

From the B&N Reads Blog
Page 1 of

Customer Reviews