Jump to ContentJump to Main Navigation
The History of the Future in Colonial Mexico$
Users without a subscription are not able to see the full content.

Matthew D. O'Hara

Print publication date: 2018

Print ISBN-13: 9780300233933

Published to Yale Scholarship Online: September 2019

DOI: 10.12987/yale/9780300233933.001.0001

Show Summary Details
Page of

PRINTED FROM YALE SCHOLARSHIP ONLINE (www.yale.universitypressscholarship.com). (c) Copyright Yale University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in YSO for personal use.date: 03 August 2021



(p.76) Chapter Four Money
The History of the Future in Colonial Mexico

Matthew D. O'Hara

Yale University Press

This chapter assesses the shift in credit practices and its implications for how colonial subjects experienced the future. Ideas about money and economic relationships had also transformed by the end of the colonial era, leading to a far more flexible system of credit and trade. By 1800 a more liberal market for credit and a new attitude toward risk and just pricing could be found throughout New Spain. Innovative financial instruments created opportunities for sophisticated financial hedging and risk management. Yet custom and values strongly influenced these innovations. They grew out of a tradition in Christian theology in which the church carved out a role for itself as a protector of the poor and where in theory, if not always in practice, its regulatory authority over economic transactions ensured some basic amount of market justice.

Keywords:   credit practices, colonial subjects, just pricing, New Spain, financial instruments, financial hedging, Christian theology, economic transactions, economic relationships, market justice

Yale Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.