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基本説明
A YBP Library Services Bestselling Professional Titles, 1st quarter 2003.
Full Description
This manuscript represents the first book-length treatment of early American banking in over 40 years. During that time economic historians have offered new interpretations of several important developments in antebellum American banking practice and policy. Such features of early American financial markets as free banking, branch banking, deposit insurance, and micro-banking have been radically reinterpreted since Redlich and Hammond wrote. Moreover, economic theory has made significant advances, and this manuscript incorporates those theoretical insights into every chapter. The so-called "information-theoretic" approach links the chapters into a unified whole. Early sections of each chapter synthesize the extant research; later sections present extensions, new finding and new interpretations.
Contents
Preface ; 1. Introduction ; 2. Establishment and Governance of the Antebellum Bank ; 3. Banking Theory and Banking Practice in Antebellum America ; 4. New England: Small Banks and Familial Ties ; 5. The Rise and Fall of the Suffok System ; 6. Middle Atlantic: Conservatism and Experimentation ; 7. New York's Safety Fund System: America's First Bank Insurance Experiment ; 8. Free Banking: A populist Revolt Takes Root in new York ; 9. Banking in the South and West: Banks and the Commonwealth ; 10. Property Banking, Free Banking, and Branch Banking ; 11. Assessing America's Early Banks ; Bibliography ; Index
