The mortgaging of land is not just economic and legal but also social
and cultural. Here, anthropologists, historians, and economists explore
origins, variations, and meanings of the land mortgage, and the risks to
homes and livelihoods. Combining findings from archives, printed
records, and live ethnography, the book describes the changing and
problematic assumptions surrounding mortgage. It shows how mortgages
affect people on the ground, where local forms of mutuality mix with
larger bureaucracies. The outcomes of mortgage in Africa, Europe, Asia,
and America challenge economic development orthodoxies, calling for a
human-centered exploration of this age-old institution.