Download or read book The Panic of 1819 Large Print Edition written by Murray Rothbard and published by Createspace Independent Publishing Platform. This book was released on 2013-10-05 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: LARGE PRINT EDITION! More at LargePrintLiberty.com. The panic of 1819 was America's first great economic crisis. And this is Murray Rothbard's masterful account, the first full scholarly book on the topic and still the most definitive. Rothbard tells the story of a disaster that could not be attributed to some specific government blunder. It seemed to originate from within the economic system itself. Its cause was not obvious to observers at the time. Confronted with something new, the panic engendered much discussion and debate about possible causes and remedies. As Rothbard observes, the panic provides "an instructive picture of a people coming to grips with the problems of a business depression, problems which, in modified forms, were to plague Americans until the present day."
Download or read book Panic of 1819 Reactions and Policies The written by Murray Newton Rothbard and published by Ludwig von Mises Institute. This book was released on 2007 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Panic of 1819 written by Andrew H. Browning and published by University of Missouri Press. This book was released on 2019-04-01 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Panic of 1819 tells the story of the first nationwide economic collapse to strike the United States. Much more than a banking crisis or real estate bubble, the Panic was the culmination of an economic wave that rolled through the United States, forming before the War of 1812, cresting with the land and cotton boom of 1818, and crashing just as the nation confronted the crisis over slavery in Missouri. The Panic introduced Americans to the new phenomenon of boom and bust, changed the country's attitudes towards wealth and poverty, spurred the political movement that became Jacksonian Democracy, and helped create the sectional divide that would lead to the Civil War. Although it stands as one of the turning points of American history, few Americans today have heard of the Panic of 1819, with the result that we continue to ignore its lessons—and repeat its mistakes.
Download or read book America s First Great Depression written by Alasdair Roberts and published by Cornell University Press. This book was released on 2012-04-15 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a while, it seemed impossible to lose money on real estate. But then the bubble burst. The financial sector was paralyzed and the economy contracted. State and federal governments struggled to pay their domestic and foreign creditors. Washington was incapable of decisive action. The country seethed with political and social unrest. In America's First Great Depression, Alasdair Roberts describes how the United States dealt with the economic and political crisis that followed the Panic of 1837. As Roberts shows, the two decades that preceded the Panic had marked a democratic surge in the United States. However, the nation’s commitment to democracy was tested severely during this crisis. Foreign lenders questioned whether American politicians could make the unpopular decisions needed on spending and taxing. State and local officials struggled to put down riots and rebellion. A few wondered whether this was the end of America’s democratic experiment. Roberts explains how the country’s woes were complicated by its dependence on foreign trade and investment, particularly with Britain. Aware of the contemporary relevance of this story, Roberts examines how the country responded to the political and cultural aftershocks of 1837, transforming its political institutions to strike a new balance between liberty and social order, and uneasily coming to terms with its place in the global economy.
Download or read book A Brief History of Panics and Their Periodical Occurrence in the United States written by Clément Juglar and published by . This book was released on 1893 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Other People s Money written by Sharon Ann Murphy and published by JHU Press. This book was released on 2017-03-15 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the contentious world of nineteenth-century banking shaped the United States. Pieces of paper that claimed to be good for two dollars upon redemption at a distant bank. Foreign coins that fluctuated in value from town to town. Stock certificates issued by turnpike or canal companies—worth something . . . or perhaps nothing. IOUs from farmers or tradesmen, passed around by people who could not know the person who first issued them. Money and banking in antebellum America offered a glaring example of free-market capitalism run amok—unregulated, exuberant, and heading pell-mell toward the next “panic” of burst bubbles and hard times. In Other People’s Money, Sharon Ann Murphy explains how banking and money worked before the federal government, spurred by the chaos of the Civil War, created the national system of US paper currency. Murphy traces the evolution of banking in America from the founding of the nation, when politicians debated the constitutionality of chartering a national bank, to Andrew Jackson’s role in the Bank War of the early 1830s, to the problems of financing a large-scale war. She reveals how, ultimately, the monetary and banking structures that emerged from the Civil War also provided the basis for our modern financial system, from its formation under the Federal Reserve in 1913 to the present. Touching on the significant role that numerous historical figures played in shaping American banking—including Alexander Hamilton, James Madison, Benjamin Franklin, Henry Clay, Daniel Webster, and Louis Brandeis—Other People’s Money is an engaging guide to the heated political fights that surrounded banking in early America as well as to the economic causes and consequences of the financial system that emerged from the turmoil. By helping readers understand the financial history of this period and the way banking shaped the society in which ordinary Americans lived and worked, this book broadens and deepens our knowledge of the Early American Republic.
Download or read book Paper Money Men written by David Anthony and published by . This book was released on 2009 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paper Money Men: Commerce, Manhood, and the Sensational Public Sphere in Antebellum America by David Anthony outlines the emergence of a "sensational public sphere" in antebellum America. It argues that this new representational space reflected and helped shape the intricate relationship between commerce and masculine sensibility in a period of dramatic economic upheaval. Looking at a variety of sensational media--from penny press newspapers and pulpy dime novels to the work of well-known writers such as Irving, Hawthorne, and Melville--this book counters the common critical notion that the period's sensationalism addressed a primarily working-class audience. Instead, Paper Money Men shows how a wide variety of sensational media was in fact aimed principally at an emergent class of young professional men. "Paper money men" were caught in the transition from an older and more stable mercantilist economy to a panic-prone economic system centered on credit and speculation. And, Anthony argues, they found themselves reflected in the sensational public sphere, a fantasy space in which new models of professional manhood were repeatedly staged and negotiated. Compensatory in nature, these alternative models of manhood rejected fiscal security and property as markers of a stable selfhood, looking instead toward intangible factors such as emotion and race in an effort to forge a secure sense of manhood in an age of intense uncertainty.
Download or read book The Panic of 1819 written by Andrew H. Browning and published by Studies in Constitutional Demo. This book was released on 2019-04 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction -- The legacy of Napoleon: embargo, war, and peace -- Three revolutions: market, transportation, corporation -- Volcano weather -- Alabama fever: "I must go West and plant" -- Bank expansion: "frothy bubbles" -- Bank contraction: "the axe must be applied to the root of the evil" -- Hard times in the East: "a long continuation of distress" -- Hard times in the West: "reflections which almost unmans me" -- Relief? -- The politics of corruption and the corruption of politics -- A house dividing: the Panic of 1819 and the growth of sectionalism
Download or read book 200 Years of American Financial Panics written by Thomas P. Vartanian and published by Rowman & Littlefield. This book was released on 2021-05-15 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: From 1819 to COVID-19, 200 Years of American Financial Panics offers a comprehensive historical account of financial panics in America. Through a meticulous dissection of historical events and the benefit of his experience handling many of the country’s largest bank failures, Thomas P. Vartanian reveals why so many more devastating financial crises have occurred in America than nearly every other country in the world. Vartanian provides extensive evidence of how the collision of policy-driven government actions and profit-oriented business performance have disrupted market equilibrium and made the U.S. system of financial oversight less effective and more susceptible to missing the signs of future financial crises, including policies that: imposed tariffs and chartered dozens of poorly regulated, uncapitalized state banks that facilitated panics in the 19th century; created ambivalence over whether gold, silver or paper money should be the preeminent form of payment, creating the perfect conditions for the depression of 1893; kept interest rates low to assist the central banks in England, Germany and France, allowing an overheated U.S. stock market to shift into overdrive and crash in 1929; planted the seeds of the S&L crisis more than twenty years before when Congress imposed artificial limits on deposit interest rates and the states capped mortgage interest rates to increase homeownership; pressured banks in the 1990’s to increase mortgage lending to increase home ownership while the Fed engaged in loose monetary policies, adding fuel to the greatest economic crisis since the Great Depression. 200 Years of American Financial Panics dissects financial crises in a way not attempted before, concluding that the pyramid of governmental oversight intended to foster economic safety and stability has been turned on its head to its detriment. Vartanian provides readers with a unique list of practical solutions. Most importantly, his analysis of financial technology, from artificial intelligence and Big Data to cryptocurrencies and quantum computing, forecasts how financial markets and government regulation will change. 200 Years of American Financial Panics is a must read for anyone that wants to understand their money, financial markets, and how they are going to change in the future.
Download or read book Rip Van Winkle and The Legend of Sleepy Hollow written by Washington Irving and published by Orient Blackswan. This book was released on 1963 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: A man who sleeps for twenty years in the Catskill Mountains wakes to a much-changed world.
Download or read book The Progressive Era written by Murray Newton Rothbard and published by Ludwig von Mises Institute. This book was released on 2017-10-06 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rothbard's posthumous masterpiece is the definitive book on the Progressives. It will soon be the must read study of this dreadful time in our past. — From the Foreword by Judge Andrew P. Napolitano The current relationship between the modern state and the economy has its roots in the Progressive Era. — From the Introduction by Patrick Newman Progressivism brought the triumph of institutionalized racism, the disfranchising of blacks in the South, the cutting off of immigration, the building up of trade unions by the federal government into a tripartite big government, big business, big unions alliance, the glorifying of military virtues and conscription, and a drive for American expansion abroad. In short, the Progressive Era ushered the modern American politico-economic system into being. — From the Preface by Murray N. Rothbard
Download or read book The Many Panics of 1837 written by Jessica M. Lepler and published by Cambridge University Press. This book was released on 2013-09-23 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reveals how people transformed their experiences of financial crisis into a single event that would serve as a turning point in American history.
Download or read book America s Great Depression written by Murray N. Rothbard and published by Blurb. This book was released on 2018-09-10 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: America's Great Depression is the classic treatise on the 1930s Great Depression and its root causes. Author Rothbard blames government interventionist policies for magnifying the duration, breadth, and intensity of the Great Depression. He explains how government manipulation of the money supply sets the stage for the familiar "boom-bust" phases of the modern market which we know all too well. He then details the inflationary policies of the Federal Reserve from 1921 to 1929 as evidence that the depression was essentially caused not by speculation, but by government and central bank interference in the market. Clearly we find history tragically repeating itself today. A must-read.
Download or read book American Bonds written by Sarah L. Quinn and published by Princeton University Press. This book was released on 2019-07-16 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: How the American government has long used financial credit programs to create economic opportunities Federal housing finance policy and mortgage-backed securities have gained widespread attention in recent years because of the 2008 financial crisis, but issues of government credit have been part of American life since the nation’s founding. From the 1780s, when a watershed national land credit policy was established, to the postwar foundations of our current housing finance system, American Bonds examines the evolution of securitization and federal credit programs. Sarah Quinn shows that since the Westward expansion, the U.S. government has used financial markets to manage America’s complex social divides, and politicians and officials across the political spectrum have turned to land sales, home ownership, and credit to provide economic opportunity without the appearance of market intervention or direct wealth redistribution. Highly technical systems, securitization, and credit programs have been fundamental to how Americans determined what they could and should owe one another. Over time, government officials embraced credit as a political tool that allowed them to navigate an increasingly complex and fractured political system, affirming the government’s role as a consequential and creative market participant. Neither intermittent nor marginal, credit programs supported the growth of powerful industries, from railroads and farms to housing and finance; have been used for disaster relief, foreign policy, and military efforts; and were promoters of amortized mortgages, lending abroad, venture capital investment, and mortgage securitization. Illuminating America’s market-heavy social policies, American Bonds illustrates how political institutions became involved in the nation’s lending practices.
Download or read book Killing Crazy Horse written by Bill O'Reilly and published by Henry Holt and Company. This book was released on 2020-09-08 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest installment of the multimillion-selling Killing series is a gripping journey through the American West and the historic clashes between Native Americans and settlers. The bloody Battle of Tippecanoe was only the beginning. It’s 1811 and President James Madison has ordered the destruction of Shawnee warrior chief Tecumseh’s alliance of tribes in the Great Lakes region. But while General William Henry Harrison would win this fight, the armed conflict between Native Americans and the newly formed United States would rage on for decades. Bestselling authors Bill O’Reilly and Martin Dugard venture through the fraught history of our country’s founding on already occupied lands, from General Andrew Jackson’s brutal battles with the Creek Nation to President James Monroe’s epic “sea to shining sea” policy, to President Martin Van Buren’s cruel enforcement of a “treaty” that forced the Cherokee Nation out of their homelands along what would be called the Trail of Tears. O’Reilly and Dugard take readers behind the legends to reveal never-before-told historical moments in the fascinating creation story of America. This fast-paced, wild ride through the American frontier will shock readers and impart unexpected lessons that reverberate to this day.
Download or read book VC written by Tom Nicholas and published by Harvard University Press. This book was released on 2019-06-03 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: From nineteenth-century whaling to a multitude of firms pursuing entrepreneurial finance today, venture finance reflects a deep-seated tradition in the deployment of risk capital in the United States. Tom Nicholas’s history of the venture capital industry offers a roller coaster ride through America’s ongoing pursuit of financial gain.
Download or read book Martin Van Buren written by Edward L. Widmer and published by Macmillan. This book was released on 2005-01-05 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first president born after America's independence ushers in a new era of no-holds-barred democracy The first "professional politician" to become president, the slick and dandyish Martin Van Buren was to all appearances the opposite of his predecessor, the rugged general and Democratic champion Andrew Jackson. Van Buren, a native Dutch speaker, was America's first ethnic president as well as the first New Yorker to hold the office, at a time when Manhattan was bursting with new arrivals. A sharp and adroit political operator, he established himself as a powerhouse in New York, becoming a U.S. senator, secretary of state, and vice president under Jackson, whose election he managed. His ascendancy to the Oval Office was virtually a foregone conclusion. Once he had the reins of power, however, Van Buren found the road quite a bit rougher. His attempts to find a middle ground on the most pressing issues of his day-such as the growing regional conflict over slavery-eroded his effectiveness. But it was his inability to prevent the great banking panic of 1837, and the ensuing depression, that all but ensured his fall from grace and made him the third president to be denied a second term. His many years of outfoxing his opponents finally caught up with him. Ted Widmer, a veteran of the Clinton White House, vividly brings to life the chaos and contention that plagued Van Buren's presidency-and ultimately offered an early lesson in the power of democracy.
