American Bonds

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Release : 2019-07-16
Genre : Political Science
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Book Rating : 611/5 ( reviews)

American Bonds - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook American Bonds write by Sarah L. Quinn. This book was released on 2019-07-16. American Bonds available in PDF, EPUB and Kindle. How the American government has long used financial credit programs to create economic opportunities Federal housing finance policy and mortgage-backed securities have gained widespread attention in recent years because of the 2008 financial crisis, but issues of government credit have been part of American life since the nation’s founding. From the 1780s, when a watershed national land credit policy was established, to the postwar foundations of our current housing finance system, American Bonds examines the evolution of securitization and federal credit programs. Sarah Quinn shows that since the Westward expansion, the U.S. government has used financial markets to manage America’s complex social divides, and politicians and officials across the political spectrum have turned to land sales, home ownership, and credit to provide economic opportunity without the appearance of market intervention or direct wealth redistribution. Highly technical systems, securitization, and credit programs have been fundamental to how Americans determined what they could and should owe one another. Over time, government officials embraced credit as a political tool that allowed them to navigate an increasingly complex and fractured political system, affirming the government’s role as a consequential and creative market participant. Neither intermittent nor marginal, credit programs supported the growth of powerful industries, from railroads and farms to housing and finance; have been used for disaster relief, foreign policy, and military efforts; and were promoters of amortized mortgages, lending abroad, venture capital investment, and mortgage securitization. Illuminating America’s market-heavy social policies, American Bonds illustrates how political institutions became involved in the nation’s lending practices.

Bonds of War

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Release : 2022-02-16
Genre : History
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Book Rating : 626/5 ( reviews)

Bonds of War - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Bonds of War write by David K. Thomson. This book was released on 2022-02-16. Bonds of War available in PDF, EPUB and Kindle. How does one package and sell confidence in the stability of a nation riven by civil strife? This was the question that loomed before the Philadelphia financial house of Jay Cooke & Company,&8239;entrusted&8239;by the US government with an unprecedented sale of bonds to finance the Union war effort in the early days of the American Civil War.&8239;How the government and its agents marketed these bonds revealed a version of the war the public was willing to buy and buy into, based not just in the full faith and credit of the United States but also in the success of its armies and its long-term vision for open markets. From Maine to California, and in foreign halls of power and economic influence,&8239;thousands of agents were deployed to&8239;sell&8239;a clear message: Union victory was unleashing the American economy itself. This fascinating work of&8239;financial and political history&8239;during&8239;the Civil War&8239;era&8239;shows&8239;how the marketing and sale of bonds crossed the Atlantic to Europe and beyond, helping ensure foreign countries' vested interest in the Union's success. Indeed, David K. Thomson demonstrates how Europe, and ultimately all corners of the globe, grew deeply interdependent on American finance during, and in the immediate aftermath of, the American Civil War.&8239;

The Bonds of Inequality

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Release : 2021-04-29
Genre : History
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Book Rating : 68X/5 ( reviews)

The Bonds of Inequality - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Bonds of Inequality write by Destin Jenkins. This book was released on 2021-04-29. The Bonds of Inequality available in PDF, EPUB and Kindle. Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities’ dependence on municipal debt or how the terms of municipal finance structure racial privileges, entrench spatial neglect, elide democratic input, and distribute wealth and power. In this passionate and deeply researched book, Destin Jenkins shows in vivid detail how, beyond the borrowing decisions of American cities and beneath their quotidian infrastructure, there lurks a world of politics and finance that is rarely seen, let alone understood. Focusing on San Francisco, The Bonds of Inequality offers a singular view of the postwar city, one where the dynamics that drove its creation encompassed not only local politicians but also banks, credit rating firms, insurance companies, and the national municipal bond market. Moving between the local and the national, The Bonds of Inequality uncovers how racial inequalities in San Francisco were intrinsically tied to municipal finance arrangements and how these arrangements were central in determining the distribution of resources in the city. By homing in on financing and its imperatives, Jenkins boldly rewrites the history of modern American cities, revealing the hidden strings that bind debt and power, race and inequity, democracy and capitalism.

A Nation Under Our Feet

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Release : 2005
Genre : History
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Book Rating : 658/5 ( reviews)

A Nation Under Our Feet - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Nation Under Our Feet write by Steven Hahn. This book was released on 2005. A Nation Under Our Feet available in PDF, EPUB and Kindle. Emphasizing the role of kinship, labor, and networks in the African American community, the author retraces six generations of black struggles since the end of the Civil War, revealing a "nation" under construction.

A Nation by Design

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Release : 2009-06-30
Genre : Social Science
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Book Rating : 467/5 ( reviews)

A Nation by Design - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Nation by Design write by Aristide R. ZOLBERG. This book was released on 2009-06-30. A Nation by Design available in PDF, EPUB and Kindle. According to the national mythology, the United States has long opened its doors to people from across the globe, providing a port in a storm and opportunity for any who seek it. Yet the history of immigration to the United States is far different. Even before the xenophobic reaction against European and Asian immigrants in the late nineteenth century, social and economic interest groups worked to manipulate immigration policy to serve their needs. In A Nation by Design, Aristide Zolberg explores American immigration policy from the colonial period to the present, discussing how it has been used as a tool of nation building. A Nation by Design argues that the engineering of immigration policy has been prevalent since early American history. However, it has gone largely unnoticed since it took place primarily on the local and state levels, owing to constitutional limits on federal power during the slavery era. Zolberg profiles the vacillating currents of opinion on immigration throughout American history, examining separately the roles played by business interests, labor unions, ethnic lobbies, and nativist ideologues in shaping policy. He then examines how three different types of migration--legal migration, illegal migration to fill low-wage jobs, and asylum-seeking--are shaping contemporary arguments over immigration to the United States. A Nation by Design is a thorough, authoritative account of American immigration history and the political and social factors that brought it about. With rich detail and impeccable scholarship, Zolberg's book shows how America has struggled to shape the immigration process to construct the kind of population it desires.