Navigating Failure

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Focusing on the concept of bankruptcy, this book delves into its economic roots and social implications in nineteenth-century America. It examines how the rise of market relations not only fostered stories of individual success but also made bankruptcy a common reality. Edward Balleisen analyzes the effects of insolvency on American law, business culture, and the broader commercial society, offering a nuanced understanding of the complexities of American capitalism during this transformative period.