The Many Panics of 1837

People, Politics, and the Creation of a Transatlantic Financial Crisis

Inbunden, Engelska, 2013

Av Jessica M. Lepler, Jessica M. (University of New Hampshire) Lepler, Jessica M Lepler

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In the spring of 1837, people panicked as financial and economic uncertainty spread within and between New York, New Orleans and London. Although the period of panic would dramatically influence political, cultural and social history, those who panicked sought to erase from history their experiences of one of America's worst early financial crises. The Many Panics of 1837 reconstructs this period in order to make arguments about the national boundaries of history, the role of information in the economy, the personal and local nature of national and international events, the origins and dissemination of economic ideas, and most importantly, what actually happened in 1837. This riveting transatlantic cultural history, based on archival research on two continents, reveals how people transformed their experiences of financial crisis into the 'Panic of 1837', a single event that would serve as a turning point in American history and an early inspiration for business cycle theory.

Produktinformation

Utgivningsdatum2013-09-23
Mått158 x 235 x 24 mm
Vikt610 g
FormatInbunden
SpråkEngelska
Antal sidor352
FörlagCambridge University Press
ISBN9780521116534
UtmärkelserSHEAR James H. Broussard First Book Prize 2013

Tillhör följande kategorier

Amerikas historia inom Historia och arkeologi

Jessica M. Lepler is an Associate Professor of History at the University of New Hampshire. The Society of American Historians awarded her Brandeis University doctoral dissertation, '1837: Anatomy of a Panic', the 2008 Allan Nevins Prize. She has been the recipient of a Hench Post-Dissertation Fellowship from the American Antiquarian Society, a Dissertation Fellowship from the Library Company of Philadelphia's Program in Early American Economy and Society, a John E. Rovensky Dissertation Fellowship in Business History and a Jacob K. Javits Fellowship from the US Department of Education.

'Finally a historian who understands that panics were caused by people panicking … This masterful telling of a complex tale - Dickensian in its intricacy - walks the reader through a series of moments in which individuals had no choice but to take a position that more often than not guaranteed the frightening outcome they sought to avoid. By rejecting the naturalization of economic theory, Jessica Lepler has vividly captured the world as it must have looked to the governors of the Bank of England, to the bill brokers and cotton factors of New Orleans, to Nicholas Biddle and poor old Philip Hone. The brutal market 'corrections' of 1837 (and after) stood as the defining events of the lives of this generation of Americans.' John Lauritz Larson, Purdue University, Indiana