![]() | Money and Capital Markets in Postbellum America Subjects: Finance -- United States -- History; Financial institutions -- United States -- History; Saving and investment -- United States -- History; Capital -- United States -- History; Postbellum economic change in the United States required an efficient system by which capital could be transferred to areas where it was relatively scarce. In assessing the structure that evolved to meet this need, John James provides a new and convincing explanation of the forces underlying the integration of separate and local money markets to form a national market. |
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