Rulers and Capital in Historical Perspective: State Formation and Financial Development in India and the United States
Author: Abhishek Chatterjee
Rulers and Capital in Historical Perspective explains why modern banking and credit systems emerged in the nineteenth century only in certain countries that then subsequently industrialized and became developed. Tracing the contemporaneous cases of India and the United States over time, Abhishek Chatterjee identifies the factors that were crucial to the development and regulation of a modern banking and credit system in the United States during the first third of the nineteenth century. He contrasts this situation with India’s, where the state never formally incorporated a sophisticated private credit system, and thus relegated it to the sphere of the informal economy.
Publisher: Temple University PressLink to Purchase Publication
Phone: (406) 243-4704
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PSCI 220 Intorduction to Comparative Government
PSCI 482/582 Politics of the World Economy
PSCI 381 State Formation
PSCI 320 Origins of Democracy and Authoritarianism
PSCI 520 Comparative Government
Abhishek Chatterjee is an associate professor of Political Science. His primary research interests are comparative and international political economy, particularly the origins of states and financial markets, and the philosophy of social sciences, especially the relationship between ontology and research methods.
He tends to write about himself in the third person and--unrelated to this latter proclivity--teaches such courses as political economy, state formation, and comparative politics/government (both introductory and graduate).
Ph.D., University of Virginia, 2010
Field of Study
Comparative Politics, Political Economy, State and Market Formation, Philosophy of the Social Sciences and Research Methods
- Rulers and Capital in Historical Perspective: State Formation and Financial Development in India and in the United States (Temple University Press, 2017), Amazon.com; Press website ; Review 1. Review 2. Review 3 (Economic History Review, Journal of Economic History, Business History Review)
- "Financial Property Rights Under Colonialism: Some Counterfactual Possibilities," Journal of Institutional Economics, 12:4, 797-824 (2016) (Draft version; Final version)
- "Ontology, Epistemology, and Multi Method Research in Political Science,” Philosophy of the Social Sciences, 43:1, 73-99 (2013) (Draft version; Final version)
- A Political Economy of the United States, China, and India: Prosperity with Inequality. By Shalendra D. Sharma. New York: Cambridge University Press, 2018. Perspectives on Politics, 18:1 (2020)