front cover of Finance in America
Finance in America
An Unfinished Story
Kevin R. Brine and Mary Poovey
University of Chicago Press, 2017
The economic crisis of 2008 led to an unprecedented focus on the world of high finance—and revealed it to be far more arcane and influential than most people could ever have imagined. Any hope of avoiding future crises, it’s clear, rest on understanding finance itself.
            To understand finance, however, we have to learn its history, and this book fills that need. Kevin R. Brine, an industry veteran, and Mary Poovey, an acclaimed historian, show that finance as we know it today emerged gradually in the late nineteenth century and only coalesced after World War II, becoming ever more complicated—and ever more central to the American economy. The authors explain the models, regulations, and institutions at the heart of modern finance and uncover the complex and sometimes surprising origins of its critical features, such as corporate accounting standards, the Federal Reserve System, risk management practices, and American Keynesian and New Classic monetary economics. This book sees finance through its highs and lows, from pre-Depression to post-Recession, exploring the myriad ways in which the practices of finance and the realities of the economy influenced one another through the years.
            A masterwork of collaboration, Finance in America lays bare the theories and practices that constitute finance, opening up the discussion of its role and risks to a broad range of scholars and citizens.
 
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front cover of Genres of the Credit Economy
Genres of the Credit Economy
Mediating Value in Eighteenth- and Nineteenth-Century Britain
Mary Poovey
University of Chicago Press, 2008
How did banking, borrowing, investing, and even losing money—in other words, participating in the modern financial system—come to seem likeroutine activities of everydaylife? Genres of the Credit Economy addressesthis question by examining the history of financial instruments and representations of finance in eighteenth- and nineteenth-century Britain.
Chronicling the process by which some of our most important conceptual categories were naturalized, Mary Poovey explores complex relationships among forms of writing that are not usually viewed together, from bills of exchange and bank checks, to realist novels and Romantic poems, to economic theory and financial journalism. Taking up all early forms of financial and monetarywriting, Poovey argues that these genres mediated for early modern Britons the operations of a market system organized around credit and debt. By arguing that genre is a critical tool for historical and theoretical analysis and an agent in the events that formed the modern world, Poovey offers a new way to appreciate the character of the credit economy and demonstrates the contribution historians and literary scholars can make to understanding its operations.
Much more than an exploration of writing on and around money, Genres of the Credit Economy offers startling insights about the evolution of disciplines and the separation of factual and fictional genres.
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A History of the Modern Fact
Problems of Knowledge in the Sciences of Wealth and Society
Mary Poovey
University of Chicago Press, 1998
How did the fact become modernity's most favored unit of knowledge? How did description come to seem separable from theory in the precursors of economics and the social sciences?

Mary Poovey explores these questions in A History of the Modern Fact, ranging across an astonishing array of texts and ideas from the publication of the first British manual on double-entry bookkeeping in 1588 to the institutionalization of statistics in the 1830s. She shows how the production of systematic knowledge from descriptions of observed particulars influenced government, how numerical representation became the privileged vehicle for generating useful facts, and how belief—whether figured as credit, credibility, or credulity—remained essential to the production of knowledge.

Illuminating the epistemological conditions that have made modern social and economic knowledge possible, A History of the Modern Fact provides important contributions to the history of political thought, economics, science, and philosophy, as well as to literary and cultural criticism.

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front cover of Making a Social Body
Making a Social Body
British Cultural Formation, 1830-1864
Mary Poovey
University of Chicago Press, 1995
With much recent work in Victorian studies focused on gender and class differences, the homogenizing features of 19th-century culture have received relatively little attention. In Making a Social Body, Mary Poovey examines one of the conditions that made the development of a mass culture in Victorian Britain possible: the representation of the population as an aggregate—a social body. Drawing on both literature and social reform texts, she analyzes the organization of knowledge during this period and explores its role in the emergence of the idea of the social body.

Poovey illuminates the ways literary genres, such as the novel, and innovations in social thought, such as statistical thinking and anatomical realism, helped separate social concerns from the political and economic domains. She then discusses the influence of the social body concept on Victorian ideas about the role of the state, examining writings by James Phillips Kay, Thomas Chalmers, and Edwin Chadwick on regulating the poor. Analyzing the conflict between Kay's idea of the social body and Babbage's image of the social machine, she considers the implications of both models for the place of Victorian women. Poovey's provocative readings of Disraeli's Coningsby, Gaskell's Mary Barton, and Dickens's Our Mutual Friend show that the novel as a genre exposed the role gender played in contemporary discussions of poverty and wealth.

Making a Social Body argues that gender, race, and class should be considered in the context of broader concerns such as how social authority is distributed, how institutions formalize knowledge, and how truth is defined.
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front cover of The Proper Lady and the Woman Writer
The Proper Lady and the Woman Writer
Ideology as Style in the Works of Mary Wollstonecraft, Mary Shelley, and Jane Austen
Mary Poovey
University of Chicago Press, 1984
"A brilliant, original, and powerful book. . . . This is the most skillful integration of feminism and Marxist literary criticism that I know of." So writes critic Stephen Greenblatt about The Proper Lady and the Woman Writer, Mary Poovey's study of the struggle of three prominent writers to accommodate the artist's genius to the late eighteenth- and early nineteenth-century ideal of the modest, self-effacing "proper lady." Interpreting novels, letters, journals, and political tracts in the context of cultural strictures, Poovey makes an important contribution to English social and literary history and to feminist theory.

"The proper lady was a handy concept for a developing bourgeois patriarchy, since it deprived women of worldly power, relegating them to a sanctified domestic sphere that, in complex ways, nourished and sustained the harsh 'real' world of men. With care and subtle intelligence, Poovey examines this 'guardian and nemesis of the female self' through the ways it is implicated in the style and strategies of three very different writers."—Rachel M. Brownstein, The Nation

"The Proper Lady and the Woman Writer is a model of . . . creative discovery, providing a well-researched, illuminating history of women writers at the turn of the nineteenth century. [Poovey] creates sociologically and psychologically persuasive accounts of the writers: Wollstonecraft, who could never fully transcend the ideology of propriety she attacked; Shelley, who gradually assumed a mask of feminine propriety in her social and literary styles; and Austen, who was neither as critical of propriety as Wollstonecraft nor as accepting as Shelley ultimately became."—Deborah Kaplan, Novel

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front cover of Uneven Developments
Uneven Developments
The Ideological Work of Gender in Mid-Victorian England
Mary Poovey
University of Chicago Press, 1988
Mary Poovey's The Proper Lady and the Woman Writer has become a standard text in feminist literary discourse. In Uneven Developments Poovey turns to broader historical concerns in an analysis of how notions of gender shape ideology.

Asserting that the organization of sexual difference is a social, not natural, phenomenon, Poovey shows how representations of gender took the form of a binary opposition in mid-Victorian culture. She then reveals the role of this opposition in various discourses and institutions—medical, legal, moral, and literary. The resulting oppositions, partly because they depended on the subordination of one term to another, were always unstable. Poovey contends that this instability helps explain why various institutional versions of binary logic developed unevenly. This unevenness, in turn, helped to account for the emergence in the 1850s of a genuine oppositional voice: the voice of an organized, politicized feminist movement.

Drawing on a wide range of sources—parliamentary debates, novels, medical lectures, feminist analyses of work, middle-class periodicals on demesticity—Poovey examines various controversies that provide glimpses of the ways in which representations of gender were simultaneously constructed, deployed, and contested. These include debates about the use of chloroform in childbirth, the first divorce law, the professional status of writers, the plight of governesses, and the nature of the nursing corps. Uneven Developments is a contribution to the feminist analysis of culture and ideology that challenges the isolation of literary texts from other kinds of writing and the isolation of women's issues from economic and political histories.
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