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Debt's Dominion: A History of Bankruptcy Law in America. By David A. Skeel, Jr. Princeton, NJ: Princeton University Press, 2001. Pp. xi. 281. $35.00.

Published online by Cambridge University Press:  03 September 2002

Jenny Wahl
Jenny Wahl
Affiliation:
Carleton College
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Extract

Bankruptcy law is the bacteria of the market economy. When a company dies, bankruptcy law figures out how to break down what remains, bring the productive parts back to life, and dispose of the rest. Some consider the market economy a jungle; bankruptcy law simply helps clear the jungle floor.

Type
BOOK REVIEWS
Information
The Journal of Economic History , Volume 62 , Issue 2 , June 2002 , pp. 628 - 629
Copyright
© 2002 The Economic History Association

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