| A History of Banking in Antebellum America Contributor(s): Bodenhorn, Howard (Author) |
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ISBN: 0521662850 ISBN-13: 9780521662857 Publisher: Cambridge University Press OUR PRICE: $76.94 Product Type: Hardcover Published: February 2000 |
| Additional Information |
| BISAC Categories: - Business & Economics | Economic History - Business & Economics | Banks & Banking - History | United States - 19th Century |
| Dewey: 332.109 |
| LCCN: 99013089 |
| Series: Studies in Macroeconomic History |
| Physical Information: 0.9" H x 6.2" W x 9.2" (1.1 lbs) 284 pages |
| Themes: - Chronological Period - 1800-1850 - Chronological Period - 19th Century |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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 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. |