Book Description
Reveals how people transformed their experiences of financial crisis into a single event that would serve as a turning point in American history.
Author : Jessica M. Lepler
Publisher : Cambridge University Press
Page : 357 pages
File Size : 28,81 MB
Release : 2013-09-23
Category : Business & Economics
ISBN : 0521116538
Reveals how people transformed their experiences of financial crisis into a single event that would serve as a turning point in American history.
Author : Alasdair Roberts
Publisher : Cornell University Press
Page : 265 pages
File Size : 49,83 MB
Release : 2012-04-15
Category : History
ISBN : 0801464676
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.
Author : Reginald Charles McGrane
Publisher :
Page : 276 pages
File Size : 47,66 MB
Release : 1924
Category : Depressions
ISBN :
Author : Charles Walters
Publisher :
Page : 96 pages
File Size : 33,21 MB
Release : 1997
Category : Banks and banking
ISBN :
Author : John Lauritz Larson
Publisher : Cambridge University Press
Page : 225 pages
File Size : 21,11 MB
Release : 2009-09-14
Category : History
ISBN : 1139483420
The mass industrial democracy that is the modern United States bears little resemblance to the simple agrarian republic that gave it birth. The market revolution is the reason for this dramatic - and ironic - metamorphosis. The resulting tangled frameworks of democracy and capitalism still dominate the world as it responds to the panic of 2008. Early Americans experienced what we now call 'modernization'. The exhilaration - and pain - they endured have been repeated in nearly every part of the globe. Born of freedom and ambition, the market revolution in America fed on democracy and individualism even while it generated inequality, dependency, and unimagined wealth and power. In this book, John Lauritz Larson explores the lure of market capitalism and the beginnings of industrialization in the United States. His research combines an appreciation for enterprise and innovation with recognition of negative and unanticipated consequences of the transition to capitalism and relates economic change directly to American freedom and self-determination, links that remain entirely relevant today.
Author : Murray Newton Rothbard
Publisher : Ludwig von Mises Institute
Page : 286 pages
File Size : 33,53 MB
Release : 2007
Category : Depressions
ISBN : 1610163702
Author : Clément Juglar
Publisher :
Page : 176 pages
File Size : 34,5 MB
Release : 1897
Category : Depressions
ISBN :
Author : Alasdair Roberts
Publisher : Cornell University Press
Page : 264 pages
File Size : 40,49 MB
Release : 2012-04-17
Category : History
ISBN : 080146420X
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.
Author : Jessica M. Lepler
Publisher : Cambridge University Press
Page : 357 pages
File Size : 44,59 MB
Release : 2013-09-16
Category : History
ISBN : 1107433614
In the spring of 1837, people panicked as financial and economic uncertainty spread within and between New York, New Orleans and London. Although the period of panic would dramatically influence political, cultural and social history, those who panicked sought to erase from history their experiences of one of America's worst early financial crises. The Many Panics of 1837 reconstructs this period in order to make arguments about the national boundaries of history, the role of information in the economy, the personal and local nature of national and international events, the origins and dissemination of economic ideas, and most importantly, what actually happened in 1837. This riveting transatlantic cultural history, based on archival research on two continents, reveals how people transformed their experiences of financial crisis into the 'Panic of 1837', a single event that would serve as a turning point in American history and an early inspiration for business cycle theory.
Author : Peter Temin
Publisher : W. W. Norton
Page : 208 pages
File Size : 30,26 MB
Release : 1969
Category : Business & Economics
ISBN : 9780393098419
A critical examination of the economic depression of the 1830's, arguing, that forces beyond Jackson's control were responsible for the crises