Banks and Politics in America from the Revolution to the Civil War

Hammond, Bray

Verlag: Princeton University Press, 1991
ISBN 10: 0691005532 / ISBN 13: 9780691005539
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This is a book about politics and banks and history. Yet politicians who read it will see that the author is not a politician, bankers who read it will see that he is not a banker, and historians that he is not an historian. Economists will see that he is not an economist and lawyers that he is not a lawyer.


With this rather cryptic and exhaustive disclaimer, Bray Hammond began his classic investigation into the role of banking in the formation of American society. Hammond, who was assistant secretary of the Board of Governors of the Federal Reserve System from 1944 to 1950, presented in this 771-page book the definitive account of how banking evolved in the United States in the context of the nation's political and social development.


Hammond combined political with financial analysis, highlighting not only the in.uence politicians exercised over banking but also how banking drove political interests and created political coalitions. He captured the entrepreneurial, expansive, risk-taking spirit of the United States from earliest days and then showed how that spirit sometimes undermined sound banking institutions. In Hammond's view, we need central banks to keep the economy on an even keel. Historian Richard Sylla judged the work to be "a wry and urbane study of early U.S. financial history, but also a timeless essay on how Americans became what they are." Banks and Politics in America won the Pulitzer Prize for history in 1958.


Über den Autor: Bray Hammond (1886-1968) was Assistant Secretary of the Board of Governors of the Federal Reserve System from 1944 to 1950.

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Titel: Banks and Politics in America from the ...
Verlag: Princeton University Press
Erscheinungsdatum: 1991

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Buchbeschreibung Princeton University Press, 1991. Buchzustand: Used. This Book is in Good Condition. Clean Copy With Light Amount of Wear. 100% Guaranteed. Summary: Hammond writes engagingly and his work is a happy blend of diligent research and spirited recitals. . . . We have here an excellent account of the evolution toward a uniform paper currency based on Federal credit and a national banking law. -- The Bankers Magazine. Buchnummer des Verkäufers ABE_book_usedgood_0691005532

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Buchbeschreibung Princeton University Press, 1957. Buchzustand: Good. N/A. Former Library book. Shows some signs of wear, and may have some markings on the inside. Buchnummer des Verkäufers GRP8479744

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Buchbeschreibung Princeton University Press, United States, 1991. Paperback. Buchzustand: New. Revised ed.. 234 x 155 mm. Language: English . Brand New Book. This is a book about politics and banks and history. Yet politicians who read it will see that the author is not a politician, bankers who read it will see that he is not a banker, and historians that he is not an historian. Economists will see that he is not an economist and lawyers that he is not a lawyer. With this rather cryptic and exhaustive disclaimer, Bray Hammond began his classic investigation into the role of banking in the formation of American society. Hammond, who was assistant secretary of the Board of Governors of the Federal Reserve System from 1944 to 1950, presented in this 771-page book the definitive account of how banking evolved in the United States in the context of the nation s political and social development. Hammond combined political with financial analysis, highlighting not only the in.uence politicians exercised over banking but also how banking drove political interests and created political coalitions. He captured the entrepreneurial, expansive, risk-taking spirit of the United States from earliest days and then showed how that spirit sometimes undermined sound banking institutions. In Hammond s view, we need central banks to keep the economy on an even keel. Historian Richard Sylla judged the work to be a wry and urbane study of early U.S. financial history, but also a timeless essay on how Americans became what they are. Banks and Politics in America won the Pulitzer Prize for history in 1958. Buchnummer des Verkäufers AAH9780691005539

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Buchbeschreibung Princeton University Press, United States, 1991. Paperback. Buchzustand: New. Revised ed.. 234 x 155 mm. Language: English . Brand New Book. This is a book about politics and banks and history. Yet politicians who read it will see that the author is not a politician, bankers who read it will see that he is not a banker, and historians that he is not an historian. Economists will see that he is not an economist and lawyers that he is not a lawyer. With this rather cryptic and exhaustive disclaimer, Bray Hammond began his classic investigation into the role of banking in the formation of American society. Hammond, who was assistant secretary of the Board of Governors of the Federal Reserve System from 1944 to 1950, presented in this 771-page book the definitive account of how banking evolved in the United States in the context of the nation s political and social development. Hammond combined political with financial analysis, highlighting not only the in.uence politicians exercised over banking but also how banking drove political interests and created political coalitions. He captured the entrepreneurial, expansive, risk-taking spirit of the United States from earliest days and then showed how that spirit sometimes undermined sound banking institutions. In Hammond s view, we need central banks to keep the economy on an even keel. Historian Richard Sylla judged the work to be a wry and urbane study of early U.S. financial history, but also a timeless essay on how Americans became what they are. Banks and Politics in America won the Pulitzer Prize for history in 1958. Buchnummer des Verkäufers AAH9780691005539

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