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The Domestic Political Origins of Global Financial Standards: The Agrarian Roots of American Securities Regulations

Carney, Richard


America s securities markets constitute a central distinguishing feature of its brand of capitalism. What are their political origins? In contrast to arguments which point to business owners as determining the institutional foundations of America s political economy, this paper argues that farmers played a leading role. Indeed, the rules and regulations governing U.S. securities markets were created in opposition to the wishes of business owners, and without farmers political influence, the...[Show more]

CollectionsANU Research Publications
Date published: 2011-10
Type: Journal article
Source: Business and Politics
DOI: 10.2202/1469-3569.1360
Access Rights: Open Access


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