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America's First Great Depression
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America's First Great Depression: Economic Crisis and Political Disorder after the Panic of 1837

Alasdair Roberts

Abstract

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. This book describes how the United States dealt with the economic and political crisis that followed the Panic of 1837. As the book shows, the two decades that preceded the Panic had marked a democratic surge in the United States. However, the nation’s commitmen ... More

Keywords: financial sector, economic crisis, Panic of 1837, political crisis, democracy, global economy, liberty, social order

Bibliographic Information

Print publication date: 2012 Print ISBN-13: 9780801450334
Published to Cornell Scholarship Online: August 2016 DOI:10.7591/cornell/9780801450334.001.0001

Authors

Affiliations are at time of print publication.

Alasdair Roberts, author
Suffolk University Law School

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