Founding Finance: How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation
Recent movements such as the Tea Party and anti-tax "constitutional conservatism" lay claim to the finance and taxation ideas of America's founders, but how much do we really know about the dramatic clashes over finance and economics that marked the founding of America? Dissenting fro...
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| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Austin
University of Texas Press
[2021]
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| Schlagworte: | |
| Online-Zugang: | DE-1046 DE-1043 DE-858 DE-859 DE-860 DE-739 DE-473 URL des Erstveröffentlichers |
| Zusammenfassung: | Recent movements such as the Tea Party and anti-tax "constitutional conservatism" lay claim to the finance and taxation ideas of America's founders, but how much do we really know about the dramatic clashes over finance and economics that marked the founding of America? Dissenting from both right-wing claims and certain liberal preconceptions, Founding Finance brings to life the violent conflicts over economics, class, and finance that played directly, and in many ways ironically, into the hardball politics of forming the nation and ratifying the Constitution-conflicts that still continue to affect our politics, legislation, and debate today. Mixing lively narrative with fresh views of America's founders, William Hogeland offers a new perspective on America's economic infancy: foreclosure crises that make our current one look mild; investment bubbles in land and securities that drove rich men to high-risk borrowing and mad displays of ostentation before dropping them into debtors' prisons; depressions longer and deeper than the great one of the twentieth century; crony mercantilism, war profiteering, and government corruption that undermine any nostalgia for a virtuous early republic; and predatory lending of scarce cash at exorbitant, unregulated rates, which forced people into bankruptcy, landlessness, and working in the factories and on the commercial farms of their creditors. This story exposes and corrects a perpetual historical denial-by movements across the political spectrum-of America's all-important founding economic clashes, a denial that weakens and cheapens public discourse on American finance just when we need it most |
| Beschreibung: | Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Nov 2021) |
| Beschreibung: | 1 Online-Ressource |
| ISBN: | 9780292744509 |
| DOI: | 10.7560/743618 |
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| 520 | |a Recent movements such as the Tea Party and anti-tax "constitutional conservatism" lay claim to the finance and taxation ideas of America's founders, but how much do we really know about the dramatic clashes over finance and economics that marked the founding of America? Dissenting from both right-wing claims and certain liberal preconceptions, Founding Finance brings to life the violent conflicts over economics, class, and finance that played directly, and in many ways ironically, into the hardball politics of forming the nation and ratifying the Constitution-conflicts that still continue to affect our politics, legislation, and debate today. Mixing lively narrative with fresh views of America's founders, William Hogeland offers a new perspective on America's economic infancy: foreclosure crises that make our current one look mild; investment bubbles in land and securities that drove rich men to high-risk borrowing and mad displays of ostentation before dropping them into debtors' prisons; depressions longer and deeper than the great one of the twentieth century; crony mercantilism, war profiteering, and government corruption that undermine any nostalgia for a virtuous early republic; and predatory lending of scarce cash at exorbitant, unregulated rates, which forced people into bankruptcy, landlessness, and working in the factories and on the commercial farms of their creditors. This story exposes and corrects a perpetual historical denial-by movements across the political spectrum-of America's all-important founding economic clashes, a denial that weakens and cheapens public discourse on American finance just when we need it most | ||
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| spelling | Hogeland, William Verfasser aut Founding Finance How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation William Hogeland Austin University of Texas Press [2021] © 2012 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Nov 2021) Recent movements such as the Tea Party and anti-tax "constitutional conservatism" lay claim to the finance and taxation ideas of America's founders, but how much do we really know about the dramatic clashes over finance and economics that marked the founding of America? Dissenting from both right-wing claims and certain liberal preconceptions, Founding Finance brings to life the violent conflicts over economics, class, and finance that played directly, and in many ways ironically, into the hardball politics of forming the nation and ratifying the Constitution-conflicts that still continue to affect our politics, legislation, and debate today. Mixing lively narrative with fresh views of America's founders, William Hogeland offers a new perspective on America's economic infancy: foreclosure crises that make our current one look mild; investment bubbles in land and securities that drove rich men to high-risk borrowing and mad displays of ostentation before dropping them into debtors' prisons; depressions longer and deeper than the great one of the twentieth century; crony mercantilism, war profiteering, and government corruption that undermine any nostalgia for a virtuous early republic; and predatory lending of scarce cash at exorbitant, unregulated rates, which forced people into bankruptcy, landlessness, and working in the factories and on the commercial farms of their creditors. This story exposes and corrects a perpetual historical denial-by movements across the political spectrum-of America's all-important founding economic clashes, a denial that weakens and cheapens public discourse on American finance just when we need it most In English BUSINESS & ECONOMICS / Economic History bisacsh Debts, Public United States History 1789-1801 Finance, Public United States History 1789-1801 https://doi.org/10.7560/743618 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Hogeland, William Founding Finance How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation BUSINESS & ECONOMICS / Economic History bisacsh Debts, Public United States History 1789-1801 Finance, Public United States History 1789-1801 |
| title | Founding Finance How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation |
| title_auth | Founding Finance How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation |
| title_exact_search | Founding Finance How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation |
| title_exact_search_txtP | Founding Finance How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation |
| title_full | Founding Finance How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation William Hogeland |
| title_fullStr | Founding Finance How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation William Hogeland |
| title_full_unstemmed | Founding Finance How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation William Hogeland |
| title_short | Founding Finance |
| title_sort | founding finance how debt speculation foreclosures protests and crackdowns made us a nation |
| title_sub | How Debt, Speculation, Foreclosures, Protests, and Crackdowns Made Us a Nation |
| topic | BUSINESS & ECONOMICS / Economic History bisacsh Debts, Public United States History 1789-1801 Finance, Public United States History 1789-1801 |
| topic_facet | BUSINESS & ECONOMICS / Economic History Debts, Public United States History 1789-1801 Finance, Public United States History 1789-1801 |
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