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612-822-4611
The Second Bank of the United States: �Central� banker in an era of nation-building, 1816�1836

The Second Bank of the United States: �Central� banker in an era of nation-building, 1816�1836

Hardcover

Series: Routledge Explorations in Economic History

AccountingEconomics

ISBN10: 1138786624
ISBN13: 9781138786622
Publisher: Routledge
Published: Sep 8 2016
Pages: 188
Weight: 0.95
Height: 0.70 Width: 6.20 Depth: 9.30
Language: English

The year 2016 marks the 200th anniversary of the founding of the Second Bank of the United States (1816-1836). This book is an economic history of an early central bank, the Second Bank of the United States (1816-36). It shows how the Bank developed a business model that allowed it to make a competitive profit while providing integrating fiscal services to the national government for free. The model revolved around the strategic use of its unique ability to establish a nationwide system of branches. This book shows how the Bank used its branch network to establish dominance in select money markets: frontier money markets and markets for bills of exchange and specie.

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