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The Bank War
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Overall
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-
-
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Overall
-
Performance
-
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From the Pulitzer Prize-winning scholar, a timely history of the constitutional changes that built equality into the nation's foundation and how those guarantees have been shaken over time.
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-
Overall
-
Performance
-
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Overall
-
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-
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-
Aftermath
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- Unabridged
-
Overall
-
Performance
-
Story
What goes up, must come down. As any student of financial history knows, the dizzying heights of the stock market can't continue indefinitely - especially since asset prices have been artificially inflated by investor optimism around the Trump administration, ruinously low interest rates, and the infiltration of behavioral economics into our financial lives. The elites are prepared, but what's the average investor to do?
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Publisher's Summary
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.
The book is published by Westholme Publishing. The audiobook is published by University Press Audiobooks.