State Banking in Early America: A New Economic History New Edition

State Banking in Early America: A New Economic History New Edition book cover

State Banking in Early America: A New Economic History New Edition

Author(s): Howard Bodenhorn (Author)

  • Publisher: Oxford University Press
  • Publication Date: 28 Nov. 2002
  • Edition: New
  • Language: English
  • Print length: 368 pages
  • ISBN-10: 0195147766
  • ISBN-13: 9780195147766

Book Description

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.

Editorial Reviews

Review

"Professor Bodenhorn has provided students of American business history with a thoughtful, well-written account of the role of state-chartered commercial banks in furthering the material progress of antebellum America."--Business History Review

Review

This book is the first full length work in forty years on the history of early American banking.

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