Over seven volumes, ‘The Financial History of the United States’ tells the story of America’s banking and financial system from the creation of stock and commodity markets and the rise of the insurance industry to booms, busts, panics and scandals. The series began with the publication of three volumes in 2002 (selected by Choice magazine as an ‘Outstanding Academic Title’) spanning from the Colonies to the early 21st Century, with a fourth volume published in 2006 describing the Enron-era financial scandals. Two further volumes were published in 2011 which looked at the origins of the Financial Crisis of 2008 and the Great Recession of 2007-2009. The seventh and most recent volume was completed in 2021. It includes a description of the prosecutions that imposed hundreds of billions of dollars in fines on the "too big-to-jail" banks, the Trump administration’s trade wars and the financial effects of the government shutdowns imposed in an effort to slow the Covid-19 pandemic.
By Jerry W. Markham
March 10, 2022
This volume narrates the financial history of the United States during a period of great upheaval in the early part of the twenty-first century. It is divided into three chronological sections: the first section describes the recovery of financial markets after the Great Recession. It begins with ...