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Discover how the Panic of 1819 shook the young United States' economy to its core. Explore the causes, effects, and lessons from this historic financial cris...
vi, 261 p. 24 cm Issued in 1957 in microfilm form, as thesis, Columbia University Bibliography: p. [241]-254 The panic and its genesis : fluctuations in American business, 1815-21 -- Direct relief of debtors -- State proposals and actions for monetary expansion -- Proposals for national monetary expansion -- Restricting bank credit : proposals and actions -- The movement for a protective ...
Jul 16, 2020 · Recorded at the Mises Institute in Auburn, Alabama, on 16 July 2020.
- 44 min
- 5.2K
- misesmedia
Jan 21, 2021 · While American consumers welcomed access to cheap goods, producers sought protection from job losses through higher tariffs. It is here, in New England and the mid-Atlantic states in 1815 and 1816, that Browning identifies some of the first warnings of panic.
Dec 30, 2023 · Morgan's US History Special - Panic of 1819 In the early 19th century, the United States stood at the crossroads of promise and peril. Fresh from the War of 1812, optimism hung in the air.
- 6 min
- 2060
- Morgan Freenan
Jan 26, 2022 · The primary cause of the Panic of 1819 was a global market downturn that was exacerbated by rampant land speculation in the west and a prolonged contractionary monetary policy by the Second Bank of the United States.
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The Panic of 1819 is considered the first Great Depression in the US. Along with the Banking Crisis of 1819, it was a nationwide economic crisis that left a lasting imprint on the country.