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Revisiting American Exceptionalism: Democracy and the Regulation of Corporate Governance in Nineteenth-Century Pennsylvania

Naomi R. Lamoreaux

NBER Working Paper No. 20231
Issued in June 2014, Revised in October 2014

---- Acknowledgments ----

This paper builds on collaborative work with Timothy Guinnane, Ron Harris, and Jean-Laurent Rosenthal. I am grateful for the comments of Jeremy Atack, Margaret Blair, William Collins, Stanley Engerman, Louis Galambos, Carl Gershenson, Timothy Guinnane, Leslie Hannah, Robert Margo, Eric Rasmusen, an anonymous referee, participants in the NBER-Vanderbilt conference on "Enterprising America," the University of California, Santa Barbara Symposium on "The New History of Capitalism," and the Harvard Workshop in History, Culture, and Society. Thanks too to Guillaume Frencia, Sasha Nichols Geerdes, Thao Nguyen, and Erinn Wong for their able research assistance and to the National Science Foundation, the University of California, Los Angeles, and Yale University for financial support. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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