A History Of Banking In Antebellum America: Financial Markets And Economic Development In An Era Of Nation Building Howard Bodenhorn

ISBN: 9780521662857

Published: February 13th 2000

Hardcover

282 pages


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A History Of Banking In Antebellum America: Financial Markets And Economic Development In An Era Of Nation Building  by  Howard Bodenhorn

A History Of Banking In Antebellum America: Financial Markets And Economic Development In An Era Of Nation Building by Howard Bodenhorn
February 13th 2000 | Hardcover | PDF, EPUB, FB2, DjVu, AUDIO, mp3, RTF | 282 pages | ISBN: 9780521662857 | 8.75 Mb

This history focuses on the credit generating function of American banks. It demonstrates that banks aggressively promoted economic development rather than passively following its course. Using previously unexploited data, Professor Bodenhorn showsMoreThis history focuses on the credit generating function of American banks. It demonstrates that banks aggressively promoted economic development rather than passively following its course.

Using previously unexploited data, Professor Bodenhorn shows that banks helped to advance the development of industrialization. Additionally, he shows that banks formed long-distance relationships that promoted geographic capital mobility, thereby assuring that short-term capital was directed in socially desirable directions. He then traces those institutional and legal developments that allowed for this capital mobility.



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