The Jacksonian Economy

by Peter Temin

Book Overview

Arthur Schlesinger, Jr., Richard Hofstadter, and other have maintained that Andrew Jackson set off a chain reaction when he vetoed the recharter of the Second Bank of the United States in 1832. This interpretation holds that subsequent removal of deposits from the Bank led to unsound credit expansion and inflation, to unprecedented speculation in public land, to the Panic of 1837, and ultimately to the depression.

"Not true," write Professor...

• Format: Paperback
• Language: English
• ISBN: 0393098419
• ISBN13: 9780393098419
• Release Date: May 1969
• Publisher: W. W. Norton & Company
• Length: 208 Pages
• Weight: 0.56 lbs.
• Dimensions: 0.6" x 5.4" x 7.9"