Private borrowing during the financial revolution: Hoare’s Bank and its customers, 1702-1724

The financial revolution improved the British government s ability to borrow, andthus its ability to wage war. North andWeingast argued that it also permitted privateparties to borrow more cheaply and widely.We test these inferences with evidencefrom a London bank.We confirm that private bank credit was cheap in the earlyeighteenth century, but we argue that it was not available widely. Importantly, thegovernment reduced the usury rate in 1714, sharply reducing the circle of privateclients that could be served profitably.

Comportamiento de las redes de arrastre pelágicas tipo japonés 124/1800 y 216/800. Crucero BIC Olaya Balandra 9805-06 de Los Palos (Tacna) a Máncora (Piura)

Presenta los resultados del comportamiento de las redes de arrastre pelágicas tipo japonés 124/1800 y 216/800 utilizada en la toma de muestras en la estimación del stock de recursos pelágicos: anchoveta, sardina, jurel, caballa y samasa durante el crucero hidroacústico 9805-06 a bordo del BIC José Olaya Balandra.