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Article: The culture of paper credit: the new economic criticism and the postcolonial eighteenth century.
- Article from:
- Eighteenth Century: Theory and Interpretation
- Article date:
- March 22, 2004
- Author:
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The most significant development in the field of Restoration and eighteenth-century literature in the 1990s, it has been argued, was the "new economic criticism"--works on public credit and its modernizing effects on the culture of Britain by Peter DeBolla, Colin Nicholson, James Thompson, Sandra Sherman, Catherine Ingrassia, and Patrick Brantlinger. (1) The rise of the liberal bourgeois state occasioned by this transformation in government and war financing, according to these critics, not only marked an unsettling shift in authority away from agrarian landed gentry towards financiers and government civil servants--a "financial" revolution--but it also led to new forms ...