Bibliographic Details
Title: Banks and Politics in America from the ...
Publisher: Princeton University Press 1992-07-01, Princeton |Oxford
Publication Date: 1992
Binding: paperback
Condition: New
About this title
This is a book about politics and banks and history. Yet politicians who read it will see that the author is not a politician, bankers who read it will see that he is not a banker, and historians that he is not an historian. Economists will see that he is not an economist and lawyers that he is not a lawyer.
With this rather cryptic and exhaustive disclaimer, Bray Hammond began his classic investigation into the role of banking in the formation of American society. Hammond, who was assistant secretary of the Board of Governors of the Federal Reserve System from 1944 to 1950, presented in this 771-page book the definitive account of how banking evolved in the United States in the context of the nation's political and social development.
Hammond combined political with financial analysis, highlighting not only the in.uence politicians exercised over banking but also how banking drove political interests and created political coalitions. He captured the entrepreneurial, expansive, risk-taking spirit of the United States from earliest days and then showed how that spirit sometimes undermined sound banking institutions. In Hammond's view, we need central banks to keep the economy on an even keel. Historian Richard Sylla judged the work to be "a wry and urbane study of early U.S. financial history, but also a timeless essay on how Americans became what they are." Banks and Politics in America won the Pulitzer Prize for history in 1958.
"About this title" may belong to another edition of this title.
Store Description
Contract with Blackwell Online
Blackwell Online terms and conditions apply to all orders placed with Blackwell Online via AbeBooks. A contract is formed between Blackwell Online and the customer only at the point that Blackwell Online sends a 'Despatched' e-mail for the customer order.
Standard Returns Policy
After the 'no questions asked' 7 day period we will be more than happy to accept books for return in any of the following cases:
The book was found to be damaged or faulty. We will either r...
More Information.
Payment Methods
accepted by seller