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Sovereign of the Market : The Money Question in Early America - by Jeffrey Sklansky (Hardcover)

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What should serve as money, who should control its creation and circulation, and according to what rules? For more than two hundred years, the “money question” shaped American social thought, becoming a central subject of political debate and class conflict.  Sovereign of the Market reveals how and why this happened.

Jeffrey Sklansky’s wide-ranging study comprises three chronological parts devoted to major episodes in the career of the money question. First, the fight over the innovation of paper money in colonial New England. Second, the battle over the development of commercial banking in the new United States. And third, the struggle over the national banking system and the international gold standard in the late nineteenth century. Each section explores a broader problem of power that framed each conflict in successive phases of capitalist development: circulation, representation, and association. The three parts also encompass intellectual biographies of opposing reformers for each period, shedding new light on the connections between economic thought and other aspects of early American culture. The result is a fascinating, insightful, and deeply considered contribution to the history of capitalism.
Number of Pages: 311
Genre: History, Business + Money Management
Series Title: American Beginnings, 1500-1900
Format: Hardcover
Publisher: Univ of Chicago Pr
Author: Jeffrey Sklansky
Language: English
Street Date: November 3, 2017
TCIN: 52997498
UPC: 9780226480336
Item Number (DPCI): 248-50-5329
$42.75
MSRPReg: $45.00 Save $2.25 (5% off)

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