Over seven volumes, ‘The Financial History of the United States’ tells the story of America’s banking and financial system from the creation of stock and commodity markets and the rise of the insurance industry to booms, busts, panics and scandals. The series began with the publication of three volumes in 2002 (selected by Choice magazine as an ‘Outstanding Academic Title’) spanning from the Colonies to the early 21st Century, with a fourth volume published in 2006 describing the Enron-era financial scandals. Two further volumes were published in 2011 which looked at the origins of the Financial Crisis of 2008 and the Great Recession of 2007-2009. The seventh and most recent volume was completed in 2021. It includes a description of the prosecutions that imposed hundreds of billions of dollars in fines on the "too big-to-jail" banks, the Trump administration’s trade wars and the financial effects of the government shutdowns imposed in an effort to slow the Covid-19 pandemic.
By Jerry W. Markham
January 29, 2024
This volume narrates the financial history of the United States during a period of great upheaval in the early part of the 21st century. It is divided into three chronological sections: the first section describes the recovery of financial markets after the Great Recession. It begins with an ...
By Jerry W. Markham
June 17, 2022
Originally published between 2002 and 2011, the first 6 meticulously researched and extensive volumes of this set cover a vast period of US financial and economic history, from the ‘discovery’ of America, through Civil War, Independence, two World Wars, the Great Depression, and on through the ...
By Jerry W. Markham
June 06, 2022
Originally published in 2002, this is the first of three volumes in a history of finance in America. This volume covers the period from the 'discovery' of America to the end of the nineteenth century. It describes the status of finance in Europe at the time of Christopher Columbus' voyage to ...
By Jerry W. Markham
June 06, 2022
Originally published in 2006, this book examines the collapse of the Enron Corp. and other financial scandals that arose in the wake of the market downturn in 2000. Part 1 reviews the market book and bust that preceded Enron’s collapse. It then describes the growth of Enron and the events that led ...
By Jerry W. Markham
June 06, 2022
Originally published in 2002, this is the second of three volumes in a history of finance in America. This volume starts with the investment bankers who dominated finance at the beginning of the twentieth century. It then describes the Panic of 1907 and the resulting creation of the Federal Reserve...
By Jerry W. Markham
June 06, 2022
Originally published in 2002, this volume focuses on the growth of derivatives, the savings and loan crisis, the merger mania of the 1980s, the accompanying insider trading scandals, and the battle with inflation. This history then reviews the market run-up in the 1990s and the rebirth of finance ...
By Jerry W. Markham
June 06, 2022
Originally published in 2011, this volume examines the Enron-era scandals and several corporate governance issues that were raised as a result of these scandals. It then describes developments in the securities and derivatives markets, covering hedge funds, venture capital, private equity and ...
By Jerry W. Markham
June 06, 2022
Originally published in 2010, this book covers the development of the mortgage market, the residential housing boom and bust that led to the subprime crisis, and the effect of this crisis on financial institutions as well as the stock market panic of 2008. It details the massive government ...