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11%OFFSharon Ann Murphy - Other People´s Money: How Banking Worked in the Early American Republic - 9781421421759 - V9781421421759
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Other People´s Money: How Banking Worked in the Early American Republic

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Description for Other People´s Money: How Banking Worked in the Early American Republic Paperback. 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. Series: How Things Worked. Num Pages: 208 pages, 20, 20 black & white illustrations. BIC Classification: HBJK; KCZ; KFFK. Category: (U) Tertiary Education (US: College). Dimension: 229 x 152 x 12. .
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 ... Read more

Product Details

Publisher
Johns Hopkins University Press
Format
Paperback
Publication date
2017
Series
How Things Worked
Condition
New
Number of Pages
208
Place of Publication
Baltimore, MD, United States
ISBN
9781421421759
SKU
V9781421421759
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1

About Sharon Ann Murphy
Sharon Ann Murphy is a professor of history at Providence College. She is the author of Investing in Life: Insurance in Antebellum America.

Reviews for Other People´s Money: How Banking Worked in the Early American Republic
This is a brisk, well-researched tour of how the American finance and banking sector got its start.
Financial History
Murphy has provided what should be the go-to source for anyone looking to understand the differences among savings banks, investment banks, and commercial banks in pre-Civil War America; to know what it meant for banks to provide discounts on ... Read more

Goodreads reviews for Other People´s Money: How Banking Worked in the Early American Republic


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