A History of American Currency (Business Classics) [Paperback]

William G. Sumner (Author)

Book Description

Publication Date: December 1, 2000 | Series: Business Classics (Beard Books)

A fascinating glimpse of the history of American paper currency and the rise of banks.

Editorial Reviews

From the Publisher

This is an absorbing historical sketch of the history of American paper currency from the American colonies through the Civil War. Included are the development of some of the earlier major banks, as well as the financial crises of 1819 and 1825. A discussion of currency and tariffs as a political issue is included. The English Bank restriction of 1797 and the Bullion Report of 1810 are examined in detail in discussing the question of how to regulate convertible currency. A chapter on Austrian paper money is an interesting addition. An important glimpse of history to delight all economists, bankers, and historians.

About the Author

WILLIAM GRAHAM SUMNER was a professor of political and social science at Yale University and became known as a Social Darwinist and advocate of the laissez faire principle in economics. Besides writing a number of books on sociology, history, and economics, he was also influential in the movement to modernize the American university system. --This text refers to an alternate Paperback edition.

Product Details

• Paperback: 408 pages
• Publisher: Beard Books (December 1, 2000)
• Language: English
• ISBN-10: 1587980045
• ISBN-13: 978-1587980046
• Product Dimensions: 7.5 x 5.7 x 1 inches
• Shipping Weight: 1.1 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #7,620,361 in Books (See Top 100 in Books)

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