Banks and Politics During the Progressive Era (RLE Banking & Finance): The Origins of the Federal Reserve System, 1897 1913

McCulley, Richard

ISBN 10: 0415528542 / ISBN 13: 9780415528542

Published by Routledge, 2012

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Bibliographic Details

• Title: Banks and Politics During the Progressive Era (RLE Banking & Finance): The Origins of the Federal Reserve System, 1897 1913
• Publisher: Routledge
• Publication Date: 2012
• Language: English
• ISBN 10: 0415528542
• ISBN 13: 9780415528542
• Binding: Hardcover
• Condition: Like New
• Book Type: book

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Synopsis

Despite the political potency of money and banking issues, historians have largely dismissed the Progressive Era political debate over banking as irrelevant and have been preoccupied with explaining the shortcomings, limitations and inadequacies of the Federal Reserve Act. The picture that has emerged is one of bankers controlling the course of financial reform with the assistance of political leaders who were either subservient, hopelessly naive or insincere in their public opposition to bankers. This book places their exertions in a larger, unfolding political context and traces in an analytical narrative the interplay of sectional and economic interests, political ideologies and partisan clashes that shaped the course of banking reform.

About the Author

Richard McCulley