Money and Capital Markets in Postbellum America
Title | Money and Capital Markets in Postbellum America PDF eBook |
Author | John A. James |
Publisher | Princeton University Press |
Pages | 310 |
Release | 2015-03-08 |
Genre | Business & Economics |
ISBN | 1400869625 |
Postbellum economic change in the United States required an efficient system by which capital could be transferred to areas where it was relatively scarce. In assessing the structure that evolved to meet this need, John James provides a new and convincing explanation of the forces underlying the integration of separate and local money markets to form a national market. To understand the role of financial markets during the period, the author examines the institutions and operations of the banking system in detail. In contrast to the now-prevailing view among scholars, Professor James finds that the banking system was quite adaptable in responding to institutional constraints, and he focuses in particular on the role of the correspondent banking system. The second part of his book assesses the performance of the market and the forces promoting change during the period. Drawing on a new and more carefully derived set of interest rates, the author tests competing hypotheses to explain integration and advances a more satisfactory alternative theory. He offers the first modern analysis of American financial institutions of the period between the Civil War and the establishment of the Federal Reserve System. In so doing, he adds to our knowledge of the historic role of finance and capital in economic development. Originally published in 1978. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
A History of Banking in Antebellum America
Title | A History of Banking in Antebellum America PDF eBook |
Author | Howard Bodenhorn |
Publisher | Cambridge University Press |
Pages | 286 |
Release | 2000-02-13 |
Genre | Business & Economics |
ISBN | 9780521669993 |
Professor Bodenhorn reveals how America was served by an efficient system of financial intermediaries by the mid-nineteenth century.
The American Capital Market, 1846-1914
Title | The American Capital Market, 1846-1914 PDF eBook |
Author | Richard Eugene Sylla |
Publisher | |
Pages | 340 |
Release | 1975 |
Genre | Business & Economics |
ISBN |
The Wealth of Nations Rediscovered
Title | The Wealth of Nations Rediscovered PDF eBook |
Author | Robert E. Wright |
Publisher | Cambridge University Press |
Pages | 0 |
Release | 2009-10-01 |
Genre | History |
ISBN | 9780521120395 |
Robert E. Wright portrays the development of a modern financial sector--including a central bank, a national monetary system, a network of financial intermediaries, and efficient capital markets--as the driving force behind America's economic transition from agricultural colony to industrial juggernaut. He applies the economic theory of information asymmetry to understandings of early U.S. financial development, expanding on recent scholarship of finance-led economic growth. The book builds upon many of Adam Smith's lesser-known insights into financial relationships.
Economic Change and the Capital Markets in America, 1865-1914
Title | Economic Change and the Capital Markets in America, 1865-1914 PDF eBook |
Author | John Charles James |
Publisher | |
Pages | 900 |
Release | 1972 |
Genre | Capital market |
ISBN |
Capital Markets and the New Economy
Title | Capital Markets and the New Economy PDF eBook |
Author | United States Congress House Committe |
Publisher | Palala Press |
Pages | 182 |
Release | 2015-09-09 |
Genre | |
ISBN | 9781342072191 |
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Government and the American Economy
Title | Government and the American Economy PDF eBook |
Author | Price V. Fishback |
Publisher | University of Chicago Press |
Pages | 634 |
Release | 2008-09-15 |
Genre | Business & Economics |
ISBN | 0226251292 |
The American economy has provided a level of well-being that has consistently ranked at or near the top of the international ladder. A key source of this success has been widespread participation in political and economic processes. In The Government and the American Economy, leading economic historians chronicle the significance of America’s open-access society and the roles played by government in its unrivaled success story. America’s democratic experiment, the authors show, allowed individuals and interest groups to shape the structure and policies of government, which, in turn, have fostered economic success and innovation by emphasizing private property rights, the rule of law, and protections of individual freedom. In response to new demands for infrastructure, America’s federal structure hastened development by promoting the primacy of states, cities, and national governments. More recently, the economic reach of American government expanded dramatically as the populace accepted stronger limits on its economic freedoms in exchange for the increased security provided by regulation, an expanded welfare state, and a stronger national defense.