The Wealth of Nations Rediscovered - Integration and Expansion in American Financial Markets, 1780-1850 (Paperback)

In The Wealth of Nations Rediscovered: Integration and Expansion in American Financial Markets, 1780-1850, Robert E. Wright portrays the development of a modern financial sector - with a central bank, a national monetary system, and efficient capital markets - as the driving force behind America's economic transition from agricultural colony to industrial juggernaut. This study applies the economic theory of information asymmetry to our understandings of early US financial development, expanding on scholarship of finance-led economic growth. The book's research is original, incorporating little-used archival material and data on early US securities prices, trading volumes, and stockholder patterns. The topics covered - securities trading, market liquidity, intermediation, banking reform, emerging market success, and foreign investment - are relevant to discussions in today's business community. Drawing from and building upon Adam Smith's lesser-known insights into financial relationships, The Wealth of Nations Rediscovered positions itself on the cusp of emerging paradigm shifts in history and economics.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	August 2009
First published:	June 2009
Authors:	Robert E. Wright
Dimensions:	229 x 152 x 15mm (L x W x T)
Format:	Paperback - Trade
Pages:	256
ISBN-13:	978-0-521-12039-5
Categories:	Books > Humanities > History > World history > 1500 to 1750 Books > Humanities > History > World history > 1750 to 1900 Books > Humanities > History > American history > General Books > Humanities > History > History of specific subjects > Economic history Books > History > American history > General Books > History > History of specific subjects > Economic history Books > History > World history > 1500 to 1750 Books > History > World history > 1750 to 1900
LSN:	0-521-12039-X
Barcode:	9780521120395

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