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Paperback A History of Banking in Antebellum America: Financial Markets and Economic Development in an Era of Nation-Building Book

ISBN: 0521669995

ISBN13: 9780521669993

A History of Banking in Antebellum America: Financial Markets and Economic Development in an Era of Nation-Building

(Part of the Studies in Macroeconomic History Series)

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Book Overview

Previous banking histories have focused on the money supply function of early American banks and its connection to the recurrent boom-bust cycle of the antebellum era. This history focuses on the credit generating function of American banks It demonstrates that banks aggressively promoted development rather than passively followed its course. Using previously unexploited data, Professor Bodenhorn shows that banks helped to advance the development...

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