The Economic Consequences of the Bank War

The Economic Consequences of the Bank War PDF Author: Peter Temin
Publisher:
ISBN: 9781330512159
Category : History
Languages : en
Pages : 90

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Book Description
Excerpt from The Economic Consequences of the Bank War: An Analysis of the Inflation of the 1830's The 1830's represent a fascinating period in American history. They witnessed the emergence of the complex phenomenon known as Jacksonian democracy and the rise and collapse of one of the fastest inflationary movements of the nineteenth century. These two events normally are thought to have been causally connected, since one of the defining acts of Jacksonsonian democracy was the veto and destruction of the Second Bank of the United States: the celebrated Bank War. The demise of this bank is thought to have removed the only effective constraint on the state banks, leading to expansion and inflation. The purpose of this essay is to take issue with this view and also with the views of several recent, unorthodox investigators. I will suggest instead that the inflation of the 1830's was the result of a fortuitous combination of events, none of which could have produced the price rise by itself, and most of which were not connected with the political acts of President Jackson. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

The Economic Consequences of the Bank War

The Economic Consequences of the Bank War PDF Author: Peter Temin
Publisher:
ISBN: 9781330512159
Category : History
Languages : en
Pages : 90

Get Book Here

Book Description
Excerpt from The Economic Consequences of the Bank War: An Analysis of the Inflation of the 1830's The 1830's represent a fascinating period in American history. They witnessed the emergence of the complex phenomenon known as Jacksonian democracy and the rise and collapse of one of the fastest inflationary movements of the nineteenth century. These two events normally are thought to have been causally connected, since one of the defining acts of Jacksonsonian democracy was the veto and destruction of the Second Bank of the United States: the celebrated Bank War. The demise of this bank is thought to have removed the only effective constraint on the state banks, leading to expansion and inflation. The purpose of this essay is to take issue with this view and also with the views of several recent, unorthodox investigators. I will suggest instead that the inflation of the 1830's was the result of a fortuitous combination of events, none of which could have produced the price rise by itself, and most of which were not connected with the political acts of President Jackson. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

The Economic Consequences of the Bank War: An Analysis of the Inflation of the 1830's

The Economic Consequences of the Bank War: An Analysis of the Inflation of the 1830's PDF Author: Peter Temin
Publisher: Sagwan Press
ISBN: 9781377069968
Category : Business & Economics
Languages : en
Pages : 92

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Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

The Economic Consequences of the Bank War

The Economic Consequences of the Bank War PDF Author: Professor of Economics Peter Temin
Publisher: War College Series
ISBN: 9781297486463
Category :
Languages : en
Pages : 92

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Book Description
This is a curated and comprehensive collection of the most important works covering matters related to national security, diplomacy, defense, war, strategy, and tactics. The collection spans centuries of thought and experience, and includes the latest analysis of international threats, both conventional and asymmetric. It also includes riveting first person accounts of historic battles and wars.Some of the books in this Series are reproductions of historical works preserved by some of the leading libraries in the world. As with any reproduction of a historical artifact, some of these books contain missing or blurred pages, poor pictures, errant marks, etc. We believe these books are essential to this collection and the study of war, and have therefore brought them back into print, despite these imperfections.We hope you enjoy the unmatched breadth and depth of this collection, from the historical to the just-published works.

The Bank War

The Bank War PDF Author: Paul Kahan
Publisher:
ISBN: 9781594163777
Category :
Languages : en
Pages : 200

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Book Description
The Battle over the Charter of the Second Bank of the United States and Its Lasting Impact on the American Economy Late one night in July 1832, Martin Van Buren rushed to the White House where he found an ailing President Andrew Jackson weakened but resolute. Thundering against his political antagonists, Jackson bellowed: "The Bank, Mr. Van Buren, is trying to kill me, but I shall kill it!"With those famous words, Jackson formally declared "war" against the Second Bank of the United States and its president Nicholas Biddle. The Bank of the United States, which held the majority of Federal monies, had been established as a means of centralizing and stabilizing American currency and the economy, particularly during the country's vulnerable early years. Jackson and his allies viewed the bank as both elitist and a threat to states' rights. Throughout his first term, Jackson had attacked the bank viciously but failed to take action against the institution. Congress' decision to recharter the bank forced Jackson to either make good on his rhetoric and veto the recharter or sign the recharter bill and be condemned as a hypocrite. In The Bank War: Andrew Jackson, Nicholas Biddle, and the Fight for American Finance, historian Paul Kahan explores one of the most important and dramatic events in American political and economic history, from the idea of centralized banking and the First Bank of the United States to Jackson's triumph, the era of "free banking," and the creation of the Federal Reserve System. Relying on a range of primary and secondary source material, the book also shows how the Bank War was a manifestation of the debates that were sparked at the Constitutional Convention--the role of the executive branch and the role of the federal government in American society--debates that endure to this day as philosophical differences that often divide the United States.

Andrew Jackson and the Bank War

Andrew Jackson and the Bank War PDF Author: Robert Vincent Remini
Publisher: W. W. Norton
ISBN: 9780393097573
Category : Biography & Autobiography
Languages : en
Pages : 192

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Book Description
Examines Jackson's role in destroying the Second Bank of the United States and the effect of his actions on the power of the Presidency

The Economic Consequences of the Peace

The Economic Consequences of the Peace PDF Author: John Maynard Keynes
Publisher: Simon Publications LLC
ISBN: 9781931541138
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
John Maynard Keynes, then a rising young economist, participated in the Paris Peace Conference in 1919 as chief representative of the British Treasury and advisor to Prime Minister David Lloyd George. He resigned after desperately trying and failing to reduce the huge demands for reparations being made on Germany. The Economic Consequences of the Peace is Keynes' brilliant and prophetic analysis of the effects that the peace treaty would have both on Germany and, even more fatefully, the world.

History of Money and Banking in the United States: The Colonial Era to World War II, A

History of Money and Banking in the United States: The Colonial Era to World War II, A PDF Author: Murray Newton Rothbard
Publisher: Ludwig von Mises Institute
ISBN: 1610164350
Category : Banks and banking
Languages : en
Pages : 512

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Book Description


Lords of Finance

Lords of Finance PDF Author: Liaquat Ahamed
Publisher: Penguin
ISBN: 9781594201820
Category : Business & Economics
Languages : en
Pages : 584

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Book Description
Argues that the stock market crash of 1929 and subsequent Depression occurred as a result of poor decisions on the part of four central bankers who jointly attempted to reconstruct international finance by reinstating the gold standard.

Panic of 1819: Reactions and Policies, The

Panic of 1819: Reactions and Policies, The PDF Author: Murray Newton Rothbard
Publisher: Ludwig von Mises Institute
ISBN: 1610163702
Category : Depressions
Languages : en
Pages : 286

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Book Description


The Federal Reserve System Purposes and Functions

The Federal Reserve System Purposes and Functions PDF Author: Board of Governors of the Federal Reserve System
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0

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Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.