Author's Department/Program
Political Science
Language
English (en)
Date of Award
1-1-2011
Degree Type
Thesis
Degree Name
Master of Arts (MA)
Chair and Committee
Norman Schofield
Abstract
This paper explores the economic, political, and social motivations for why the United States of America chose not to have a central bank between the years of 1775 and 1913. The paper will explain why in the initial years of the republic there was support for the national bank but over time opinions drastically changed. In addition, it will explore how even after several financial crises during the 1800s, there was still little desire to have a central bank. The paper will conclude by explaining how the presence of a central bank became essential to the U.S. financial markets in the early 1900s.
Recommended Citation
Husain, Samia, "The Missing Central Bank: A Case History of the United States of America 1791-1913" (2011). All Theses and Dissertations (ETDs). 543.
https://openscholarship.wustl.edu/etd/543
Comments
Political Economy and Public Policy, Center for Political Economy
Permanent URL: http://dx.doi.org/10.7936/K7Q52MRJ