Profits in the Wilderness: Entrepreneurship and the Founding of New England Towns in the Seventeenth Century

In examining the founding of New England towns during the seventeenth century, John Frederick Martin investigates an old subject with fresh insight. Whereas most historians emphasize communalism and absence of commerce in the seventeenth century, Martin demonstrates that colonists sought profits in town–founding, that town founders used business corporations to organize themselves into landholding bodies, and that multiple and absentee landholding was common.

In reviewing some sixty towns an...