Search Results for: Money And Capital Markets In Postbellum America

Postbellum economic change in the United States required an efficient system by which capital could be transferred to areas where it was relatively scarce. In a

Professor Bodenhorn reveals how America was served by an efficient system of financial intermediaries by the mid-nineteenth century.

Robert E. Wright portrays the development of a modern financial sector--including a central bank, a national monetary system, a network of financial intermediar