Description

This compelling work recounts the fierce political and financial struggle that led to the creation of the Federal Reserve between the Panic of 1907 and the passage of the Federal Reserve Act in 1913. It brings to life the bankers, reformers, presidents, and politicians whose competing visions shaped America’s new central banking system, challenging the notion that its founding was inevitable. Along the way, it explores debates over Wall Street, monetary power, populism, and the proper role of government in stabilizing the nation’s economy. Written with clarity and vivid historical detail, the book transforms a complex chapter in financial history into a dramatic account of America’s emergence as a global economic power.

Available Editions

hardcover edition cover

hardcover

Penguin

Published Jan 1, 2015

355 pages

ISBN: 9781594205491

available

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Details

First Published

2015

Language

eng

Content Warnings

No content warnings identified.