State Banking in Early America

State Banking in Early America : A New Economic History

5 (1 rating by Goodreads)
By (author) 

Free delivery worldwide

Available. Dispatched from the UK in 4 business days
When will my order arrive?


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.
show more

Product details

  • Hardback | 368 pages
  • 165.6 x 241.8 x 30.2mm | 666.79g
  • Oxford, United Kingdom
  • English
  • New
  • tables and graphs
  • 0195147766
  • 9780195147766

Table of 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
show more

Review quote

Bodenhorn's book aptly fills in the details of the emergence and meteoric growth of one of these components, and describes how lessons learned in the period of early state banking have gone on to shape the institutional forms that remain with us today. * EH.Net 2003 * Good economic history should be both good economics and good history. This book is good economic history, and Bodenhorn has clearly aimed for an audience of both economists and historians. * Bradley Hansen, Eastern Economic Journal, Winter 2006 *
show more

Rating details

1 ratings
5 out of 5 stars
5 100% (1)
4 0% (0)
3 0% (0)
2 0% (0)
1 0% (0)
Book ratings by Goodreads
Goodreads is the world's largest site for readers with over 50 million reviews. We're featuring millions of their reader ratings on our book pages to help you find your new favourite book. Close X