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Professional Political Economy and Its Popularizers

Professional Political Economy and Its Popularizers

(p.219) Chapter Four Professional Political Economy and Its Popularizers
Genres of the Credit Economy
Mary Poovey
University of Chicago Press

This chapter argues that, during the middle decades of the nineteenth century, writing about economic and financial matters, which was increasingly distributed across specialized professions and circulated in a variety of publications, was as instrumental as monetary instruments in helping naturalize—and, thus, promote—the growth of Britain's credit economy. Writers who discussed the economy continued to perform the mediating function eighteenth-century writers initiated. As they did so, they also helped manage the problematic of representation, which repeatedly threatened to become visible whenever disturbing events roiled the British economy.

Keywords:   writing, economic theory, credit economy, British economy, representation

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