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Banking Modern America - Studies in regulatory history (Hardcover)
Loot Price: R4,489
Discovery Miles 44 890
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Banking Modern America - Studies in regulatory history (Hardcover)
Series: Financial History
Expected to ship within 10 - 15 working days
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The passage of the National Currency Act of 1863 gave the United
States its first uniform paper money, its first nationally
chartered and supervised commercial banks, and its first modern
regulatory agency: the Office of the Comptroller of the Currency.
The law marked a milestone in the development of the U.S. financial
system and the modern administrative state. Yet its importance has
been largely overlooked. Banking Modern America aims to address
that gap. With its unique multidisciplinary approach that brings
together scholars from disciplines including history, economics,
the law, and finance, this book lends a new dimension to studying
the origins and development of a system that touched key aspects of
modern America. Chapters examine key episodes in the history of
Federal banking, looking at the Civil War origins of the national
banking system and the practical challenges of setting up a new
system of money and banking. The essays in this volume explore the
tensions that arose between bankers and Federal regulators, between
governmental jurisdictions, and even between regulators themselves.
This book will be essential reading for academics of banking and
finance, regulation, numismatics and history, as well as
professional economists, historians and policy makers interested in
the history of the US financial system.
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