Genealogy of American Finance

Genealogy of American Finance

Author: Robert E. Wright

Publisher: Columbia University Press

Published: 2015-03-17

Total Pages: 337

ISBN-13: 0231539215

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In this unique, well-illustrated book, readers learn how fifty financial corporations came to dominate the U.S. banking system and their impact on the nation's political, social, and economic growth. A story that spans more than two centuries of war, crisis, and opportunity, this account reminds readers that American banking was never a fixed enterprise but has evolved in tandem with the country. More than 225 years have passed since Alexander Hamilton created one of the nation's first commercial banks. Over time, these institutions have changed hands, names, and locations, reflecting a wave of mergers, acquisitions, and other restructuring efforts that echo changes in American finance. Some names, such as Bank of America and Wells Fargo, will be familiar to readers. The origins of others, including Zions Bancorporation, founded by Brigham Young and owned by the Mormon Church until 1960, are surprising. Exploring why some banks failed and others thrived, this book wonders, in light of the 2008 financial crisis, whether recent consolidations have reached or even exceeded economically rational limits. A key text for navigating the complex terrain of American finance, this volume draws a fascinating family tree for projecting the financial future of a nation.


Virtue, Fortune, And Faith

Virtue, Fortune, And Faith

Author: Marieke De Goede

Publisher: U of Minnesota Press

Published: 2001

Total Pages: 266

ISBN-13: 1452907005

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A revealing examination of the often misunderstood history of contemporary financial markets.


Reading the Market

Reading the Market

Author: Peter Knight

Publisher: JHU Press

Published: 2016-09

Total Pages: 330

ISBN-13: 1421420600

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Introduction -- Market reports -- Reading the ticker tape -- Picturing the market -- Confidence games and inside information -- Conspiracy and the invisible hand of the market -- Epilogue


The Development of American Finance

The Development of American Finance

Author: Martijn Konings

Publisher: Cambridge University Press

Published: 2011-09-30

Total Pages: 209

ISBN-13: 113950195X

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Since the 1960s, scholars and other commentators have frequently announced the imminent decline of American financial power: excessive speculation and debt are believed to have undermined the long-term basis of a stable US-led financial order. But the American financial system has repeatedly shown itself to be more resilient than such assessments suggest. This book argues that there is considerable coherence to American finance: far from being a house of cards, it is a proper edifice, built on institutional foundations with points of both strength and weakness. The book examines these foundations through a historical account of their construction: it shows how institutional transformations in the late nineteenth century created a distinctive infrastructure of financial relations and proceeds to trace the contradiction-ridden expansion of this system during the twentieth century as well as its institutional consolidation during the neoliberal era. It concludes with a discussion of the forces of instability that hit at the start of the twenty-first century.


American Business History

American Business History

Author: Walter A. Friedman

Publisher:

Published: 2020

Total Pages: 177

ISBN-13: 0190622474

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This introduction looks at the rise of the American economy from its colonial and frontier beginnings. What made the United States an attractive testing ground for entrepreneurs? How did the United States come to have the largest business enterprises in the world by the early twentieth century? Why did business organizations gain a central place in American society?


International Corporate Governance

International Corporate Governance

Author: Kose John

Publisher: Emerald Group Publishing

Published: 2015-10-01

Total Pages: 281

ISBN-13: 178560354X

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Advances in Financial Economics, volume 18, will present research on corporate governance both in the US and globally. The volume will aim at providing a deeper understanding of corporate governance practices, trends, innovations and challenges using international data.


Racial Taxation

Racial Taxation

Author: Camille Walsh

Publisher: UNC Press Books

Published: 2018-02-02

Total Pages: 251

ISBN-13: 1469638959

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In the United States, it is quite common to lay claim to the benefits of society by appealing to "taxpayer citizenship--the idea that, as taxpayers, we deserve access to certain social services like a public education. Tracing the genealogy of this concept, Camille Walsh shows how tax policy and taxpayer identity were built on the foundations of white supremacy and intertwined with ideas of whiteness. From the origins of unequal public school funding after the Civil War through school desegregation cases from Brown v. Board of Education to San Antonio v. Rodriguez in the 1970s, this study spans over a century of racial injustice, dramatic courtroom clashes, and white supremacist backlash to collective justice claims. Incorporating letters from everyday individuals as well as the private notes of Supreme Court justices as they deliberated, Walsh reveals how the idea of a "taxpayer" identity contributed to the contemporary crises of public education, racial disparity, and income inequality.


In All Fairness

In All Fairness

Author: Richard A. Epstein

Publisher: Independent Institute

Published: 2019-10-01

Total Pages: 362

ISBN-13: 1598133373

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Growing concern about inequality has led to proposals to remake American society according to ill-conceived and coercive "egalitarian" values that are fundamentally unfair. This unique book reveals the modern romance with equality as a destructive flirtation. The elites who advocate such notions claim they champion the poor—but more often than not the nostrums of this managerial class undermine, rather than advance, mass prosperity and human well-being. The authors of In All Fairness challenge all of the prevailing egalitarian ideas, including the claim that the country is riven by inequality in the first place. After all, our economy thrives with a division of labor that allows individuals who are unequal in interests and talents to pursue their own unique goals. Looked at in this way, equality is far more widespread than overheated rhetoric might lead one to expect—as factual data show. But it is an equality of a particularly valuable type—one arrived at, not by top-down attempts to impose economic uniformity, but by our respecting inviolable rules of fair play and the dignity of each person, a dignity that requires everyone to respect the voluntary transactions of others. This approach holds equity, liberty, diversity, and prosperity together. Would we want it any other way in America and anywhere around the world? The authors draw on economics, philosophy, religion, law, political science, and history to provide answers to a perennial question that especially agitates the American public today: Can the coercive powers of the state be used to achieve a kind of arithmetic equality? The authors, each in their own way, make a strong case that they should not be used in this fashion. Love inequality or loathe it, In All Fairness is full of key insights about the connections among fairness, liberty, equality and the quest for human dignity. You won't think about wealth and poverty, equality and inequality, in the same way ever again.


The Poverty of Slavery

The Poverty of Slavery

Author: Robert E. Wright

Publisher: Springer

Published: 2017-02-20

Total Pages: 304

ISBN-13: 3319489682

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This ground-breaking book adds an economic angle to a traditionally moral argument, demonstrating that slavery has never promoted economic growth or development, neither today nor in the past. While unfree labor may be lucrative for slaveholders, its negative effects on a country’s economy, much like pollution, drag down all members of society. Tracing the history of slavery around the world, from prehistory through the US Antebellum South to the present day, Wright illustrates how slaveholders burden communities and governments with the task of maintaining the system while preventing productive individuals from participating in the economy. Historians, economists, policymakers, and anti-slavery activists need no longer apologize for opposing the dubious benefits of unfree labor. Wright provides a valuable resource for exposing the hidden price tag of slaving to help them pitch antislavery policies as matters of both human rights and economic well-being.


Financial Systems and Economic Growth

Financial Systems and Economic Growth

Author: Peter L. Rousseau

Publisher: Cambridge University Press

Published: 2017-09

Total Pages: 309

ISBN-13: 1107141095

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This volume presents essays that take a historical look at aspects of the finance-growth nexus.