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Financial History Of The United States by Paul Studenski
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    • Product code: 19153
    • ISBN: 1587981750, ISBN13: 9781587981753, 544 pages, paperback
      Published by Beard Books on 2003 , 2nd
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    Description of Financial History Of The United States

    This work analyzes how political issues influence public finance, particularly governmental monetary, credit, and foreign trade controls. It aims to promote a better understanding of the genesis, interrelationships, and effects of governmental fiscal, monetary, banking, and tariff policies and institutional arrangements. The authors trace the theories that underlie financial practice, believing that the advances and mistakes made by each generation can be found in the forces that shaped events.

    Contents of Financial History Of The United States

    1. The Meaning and Basic Trends of Financial History 1
    PART I. From the Colonial Period to the Civil War
    2. Colonial Finance 12
    3. Financing the Revolution 25
    4. From Colonial Organization to Statehood and Federalism 33
    5. Establishment of the National Financial System 45
    6. Jeffersonian Finance 65
    7. Financing the War of 1812 75
    8. The Search for New Guideposts, 1816 to 1828 82
    9. Finances of an Emerging Democracy, 1828 to 1837 97
    10. Financing through the Depression 111
    11. Finances of the Last Agrarian Administrations 119
    12. State and Local Finance, 1800 to 1860 128

    PART II. From the Civil War to World War I
    13. Civil War Financing: The First Mistakes 137
    14. Civil War Financing: The More Effective Stage 147
    15. Fiscal Readjustments after the Civil War 161
    16. Post-Civil War Monetary and Banking Readjustments 176
    17. State and Local Finance, 1860-1900 192
    18. Failures of a Reform Administration 201
    19. Finances of the Gilded Age: Disappearance of the Surplus 212
    20. Finances of the Gilded Age: The Triumph of Industrialism 226
    21. The Progressive Era: Monetary and Banking Reforms 241
    22. The Progressive Era: Fiscal Policy 263
    PART III. Since World War I
    23. Financing World War I 280
    24. The Prosperous Twenties: Fiscal Problems 302
    25. The Prosperous Twenties: Monetary and International Financial Policies 327
    26. State and Local Finance, 1900-1910 344
    27. The Gloomy Years 353
    28. The New Deal: Monetary, Banking and Tariff Policies 382
    29. The New Deal: Fiscal Policies 403
    30. Financing World War II 436
    31. Deflation or Inflation: Peace or War 459

    Bibliography 489

    Appendix 1: Historical Series of Federal Receipts, Expenditures, Surplus or Deficit, and Debt, Fiscal Years 1789-1950 504

    Appendix 2: Historical List of Heads of the United States Treasury, the Federal Reserve Board, and the General Accounting Office 508

    Index 511

    About Paul Studenski

    Paul Studenski, 1887-1961, was born and raised in Russia. He studied law in Russia and then medicine at the Sorbonne in Paris. He entered a brief but accomplished career in aviation and his feats in this regard can be found in a collection at the National Air and Space Museum. He then returned to academe, and received a doctorate from Columbia University in 1921. This was followed by a distinguished career in teaching and government service. He was a Professor of Economics at New York University from 1927 to 1955, and followed this for two years as Director of the Albany Graduate Program in Public Administration. He was a highly regarded consultant and adviser, and authored many books.

    Herman Edward Krooss, 1912-1975, was an educator and author. He received a Ph.B. from Muhlenberg College in 1934, an M.A. from the University of Pennsylvania in 1935, and a Ph.D. from New York University in 1947. He was on the faculty at New York University from 1947 to 1975, which included being a Professor of Economics from 1953 to 1975 and Department Chairman from 1959 to 1965. He was the author or editor of numerous books.

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