The Origins Of Commercial Banking In America, 1750-1800

In The Origins of Commercial Banking in America, the first full analysis of the origins of American commercial banking since Bray Hammond's monumental study forty-five years ago, Robert E. Wright skillfully examines the political and economic forces that contributed to the origins and rise of banks in cities such as Philadelphia, New York, and Boston, as well as in smaller towns servicing rural America.

Reviews:

Finally a book that brings clarity and understanding to the debate on early economic growth by highlighting banks and banking as the major catalyst in the early republic. This is a book that will be enjoyed by everyone – undergraduates and graduates, economists and historians, or just about anyone with an interest in US history or the early republic. I really enjoyed the fresh perspective that the author brings to a field that has been hotly debated by the historical community. (...)