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The First Wall Street: Chestnut Street, Philadelphia, and the Birth of...

by Wright, Robert E. | HC | Good
US $19.78
ApproximatelyPHP 1,106.70
Condition:
Good
Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, ... Read moreabout condition
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Item specifics

Condition
Good
A book that has been read but is in good condition. Very minimal damage to the cover including scuff marks, but no holes or tears. The dust jacket for hard covers may not be included. Binding has minimal wear. The majority of pages are undamaged with minimal creasing or tearing, minimal pencil underlining of text, no highlighting of text, no writing in margins. No missing pages. See all condition definitionsopens in a new window or tab
Seller Notes
“Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, ...
Binding
Hardcover
Weight
1 lbs
Product Group
Book
IsTextBook
Yes
ISBN
9780226910260
Book Title
First Wall Street : Chestnut Street, Philadelphia, and the Birth of American Finance
Publisher
University of Chicago Press
Item Length
9 in
Publication Year
2005
Format
Hardcover
Language
English
Illustrator
Yes
Item Height
0.8 in
Author
Robert E. Wright
Genre
Business & Economics, History
Topic
Economic History, United States / 19th Century, Investments & Securities / Stocks
Item Weight
18.1 Oz
Item Width
6 in
Number of Pages
218 Pages

About this product

Product Identifiers

Publisher
University of Chicago Press
ISBN-10
0226910261
ISBN-13
9780226910260
eBay Product ID (ePID)
46451484

Product Key Features

Book Title
First Wall Street : Chestnut Street, Philadelphia, and the Birth of American Finance
Number of Pages
218 Pages
Language
English
Publication Year
2005
Topic
Economic History, United States / 19th Century, Investments & Securities / Stocks
Illustrator
Yes
Genre
Business & Economics, History
Author
Robert E. Wright
Format
Hardcover

Dimensions

Item Height
0.8 in
Item Weight
18.1 Oz
Item Length
9 in
Item Width
6 in

Additional Product Features

Intended Audience
Trade
LCCN
2005-009428
Dewey Edition
22
Reviews
An outstanding, accessible account of Philadelphia''s status as the nation''s first financial center. Robert Wright has written a breezy, clear, and humorous history of the city''s central role as the American capital of banking and related industries., If looking for an entertaining stroll through the rise and fall of Philadelphia as the hub of American finance from the late colonial period to the Bank War, one needs to go no further. . . . Effectively bridging academic and non-academic audiences is a difficult feat indeed, but one that we have come to expect from a scholar as prolific as Wright., "In his lively, absorbing look at the early history of America's financial markets, Wright brings to life the financiers and their institutions with colorful prose that teases out the human drama beneath the ledgers and account books. . . . Both a history of the nation's first financial capital and a surprisingly understandable financial primer . . . the book will appeal to readers interested in America's economic history and those wanting a better handle on banking and investing."-Publishers Weekly, "Students of early national and financial history will profit from this work. Wright''s narrative resurrects much long-forgotten informaition, and his analysis effectively underpins his broad thesis: Without financial markets and institutions to serve them, economic growth and modernization are impossible. Wright is at his best when explaining with remarkable clarity, the complex financial conditions that accounted for Chestnut Street''s dominance."- Journal of American History, In his lively, absorbing look at the early history of America's financial markets, Wright brings to life the financiers and their institutions with colorful prose that teases out the human drama beneath the ledgers and account books. . . . Both a history of the nation's first financial capital and a surprisingly understandable financial primer . . . the book will appeal to readers interested in America's economic history and those wanting a better handle on banking and investing., Wright reminds us that prior to Wall Street's ascendance in the 1830s, Chestnut Street in Philadelphia was the nation's financial center and the birthplace of some of America's most important financial innovations. . . . Wright succeeds in his aim to engage both the scholarly and general reader and has produced an important contribution to the history of early American finance., "Wright reminds us that prior to Wall Street''s ascendance in the 1830s, Chestnut Street in Philadelphia was the nation''s financial center and the birthplace of some of America''s most important financial innovations. . . . Wright succeeds in his aim to engage both the scholarly and general reader and has produced an important contribution to the history of early American finance."-Daniel Holt, Enterprise & Society, "Wright, a distinguished historian of early American finance, has written an unusual book that will interest both history buffs and academic historians. . . . The prose is lively and the explanations clear; the short discussion of money is perhaps the best introduction to that complex subject now available, and can be read with profit by any scholar forced to confront the complexities of monetary history."-Russell R. Menard, American Historical Review, An outstanding, accessible account of Philadelphia's status as the nation's first financial center. Robert Wright has written a breezy, clear, and humorous history of the city's central role as the American capital of banking and related industries., Students of early national and financial history will profit from this work. Wright's narrative resurrects much long-forgotten informaition, and his analysis effectively underpins his broad thesis: Without financial markets and institutions to serve them, economic growth and modernization are impossible. Wright is at his best when explaining with remarkable clarity, the complex financial conditions that accounted for Chestnut Street's dominance., Wright, a distinguished historian of early American finance, has written an unusual book that will interest both history buffs and academic historians. . . . The prose is lively and the explanations clear; the short discussion of money is perhaps the best introduction to that complex subject now available, and can be read with profit by any scholar forced to confront the complexities of monetary history.
TitleLeading
The
Dewey Decimal
332.64/273/09034
Table Of Content
Acknowledgments 1. Of Financial Markets and Marketplaces 2. Colonial Precedents 3. Revolutionary Developments 4. Money, Money, Money 5. Hamilton's Vision 6. Hazardous Voyages 7. Building Nest Eggs and Homes 8. Transportation Elation 9. Philadelphia's Finest 10. Wall Street Ascendant 11. Legacy of Growth Notes Index
Synopsis
Recounting the history of Chestnut Street and its forgotten role in the birth of American finance, the author explains that at the dawn of the Republic, Philadelphia was the center of American Finance and explores this fascinating history., When Americans think of investment and finance, they think of Wall Street--though this was not always the case. During the dawn of the Republic, Philadelphia was the center of American finance. The first stock exchange in the nation was founded there in 1790, and around it the bustling thoroughfare known as Chestnut Street was home to the nation's most powerful financial institutions. The First Wall Street recounts the fascinating history of Chestnut Street and its forgotten role in the birth of American finance. According to Robert E. Wright, Philadelphia, known for its cultivation of liberty and freedom, blossomed into a financial epicenter during the nation's colonial period. The continent's most prodigious minds and talented financiers flocked to Philly in droves, and by the eve of the Revolution, the Quaker City was the most financially sophisticated region in North America. The First Wall Street reveals how the city played a leading role in the financing of the American Revolution and emerged from that titanic struggle with not just the wealth it forged in the crucible of war, but an invaluable amount of human capital as well. This capital helped make Philadelphia home to the Bank of the United States, the U.S. Mint, an active securities exchange, and several banks and insurance companies--all clustered in or around Chestnut Street. But as the decades passed, financial institutions were lured to New York, and by the late 1820s only the powerful Second Bank of the United States upheld Philadelphia's financial stature. But when Andrew Jackson vetoed its charter, he sealed the fate of Chestnut Street forever--and of Wall Street too. Finely nuanced and elegantly written, The First Wall Street will appeal to anyone interested in the history of the United States and the origins of its unrivaled economy.
LC Classification Number
HG5131.P5W75 2005

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