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America's First Great Depression: Economic Crisis and Political Disorder After the Panic of 1837 - Couverture rigide

Roberts, Alasdair

 
9780801450334: America's First Great Depression: Economic Crisis and Political Disorder After the Panic of 1837
Couverture rigide
ISBN 10 : 0801450330 ISBN 13 : 9780801450334
Editeur : Cornell University Press, 2012

Synopsis

For a while, it seemed impossible to lose money on real estate. But then the bubble burst. The financial sector was paralyzed and the economy contracted. State and federal governments struggled to pay their domestic and foreign creditors. Washington was incapable of decisive action. The country seethed with political and social unrest. In America's First Great Depression, Alasdair Roberts describes how the United States dealt with the economic and political crisis that followed the Panic of 1837.

As Roberts shows, the two decades that preceded the Panic had marked a democratic surge in the United States. However, the nation's commitment to democracy was tested severely during this crisis. Foreign lenders questioned whether American politicians could make the unpopular decisions needed on spending and taxing. State and local officials struggled to put down riots and rebellion. A few wondered whether this was the end of America's democratic experiment.

Roberts explains how the country's woes were complicated by its dependence on foreign trade and investment, particularly with Britain. Aware of the contemporary relevance of this story, Roberts examines how the country responded to the political and cultural aftershocks of 1837, transforming its political institutions to strike a new balance between liberty and social order, and uneasily coming to terms with its place in the global economy.

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À propos de l'auteur

Alasdair Roberts is Director of the School of Public Policy and Professor of Political Science and Public Policy at the University of Massachusetts, Amherst. He is author of America's First Great Depression and The End of Protest. Follow him on Twitter @alasdairroberts.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Cornell University Press
Date d'édition
2012
Langue
anglais
ISBN 10 
0801450330
ISBN 13 
9780801450334
Reliure
Relié
Nombre de pages
264
Coordonnées du fabricant
non disponible
Personne responsable
non disponible