The World in a Shilling: Money and Political Economy in Early New England

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Upon arriving in North America, the Puritans created a new financial system to help manage life in the New World, and also to help them interact with the Old. The development of a viable money supply was necessary to support overseas trade and keep New England's colonists connected to the transatlantic network of English dissenting religion. How did they build an economy from the ground up?


Mark Peterson, PhD is the Edmund S. Morgan Professor of History at Yale University. In two previous books and his other writings, Professor Peterson has examined the relationship between the growth of Puritan religious culture and the expansion of economic and political power in Boston and the Massachusetts Bay Colony. He has a special interest in Boston’s mint master and political leader, John Hull, and is editing his writings for publication. Professor Peterson’s New England trilogy will be completed with a final volume focused on the transformation of material culture, consumer demand, and public expenditure from the 16th to the 19th century.