TITLE

Sharks and peaches: an economic sociology approach to the birth of the market for small loans in Georgia, 1904-1928

AUTHOR(S)
Bittmann, Simon
PUB. DATE
July 2014
SOURCE
Economic Sociology: The European Electronic Newsletter;Jul2014, Vol. 15 Issue 3, p63
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents a study using an economic sociology approach on the development of the market for small loans in Georgia between 1904-1928. Topics include the loophole in the state's civil code that acknowledges the distinction between a loan and a sale, the procedures required for mall loans and their volatile collateral, and the conflicts that defined the small loan market in the U.S. in the 1920s. The definition of the term "loan shark" and its implication is given.
ACCESSION #
97196749

 

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