LEADER 03835nam 2200673Ia 450 001 9910789905303321 005 20230801223119.0 010 $a0-8014-6420-X 024 7 $a10.7591/9780801464201 035 $a(CKB)2670000000184759 035 $a(OCoLC)787851042 035 $a(CaPaEBR)ebrary10545387 035 $a(SSID)ssj0000622564 035 $a(PQKBManifestationID)11387931 035 $a(PQKBTitleCode)TC0000622564 035 $a(PQKBWorkID)10642931 035 $a(PQKB)10821747 035 $a(StDuBDS)EDZ0001499239 035 $a(MiAaPQ)EBC3138306 035 $a(DE-B1597)478384 035 $a(OCoLC)979778465 035 $a(DE-B1597)9780801464201 035 $a(Au-PeEL)EBL3138306 035 $a(CaPaEBR)ebr10545387 035 $a(CaONFJC)MIL681335 035 $a(OCoLC)922998185 035 $a(EXLCZ)992670000000184759 100 $a20120106d2012 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aAmerica's first Great Depression$b[electronic resource] $eeconomic crisis and political disorder after the Panic of 1837 /$fAlasdair Roberts 210 $aIthaca $cCornell University Press$d2012 215 $a1 online resource (264 p.) 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a1-322-50053-3 311 $a0-8014-5033-0 320 $aIncludes bibliographical references and index. 327 $tFront matter --$tContents --$tIntroduction: Back to the Future --$t1. Boom and Bust --$t2. The States' Crisis --$t3. The Federal Government's Crisis --$t4. Law and Order --$t5. The End of the Crisis --$tConclusion: Freedom, Order, and Economic Crisis --$tNote on Method and Acknowledgments --$tNotes --$tIndex 330 $aFor a while, it seemed impossible to lose money on real estate. But then the bubble burst. The financial sector was paralyzed and the economy contracted. State and federal governments struggled to pay their domestic and foreign creditors. Washington was incapable of decisive action. The country seethed with political and social unrest. In America's First Great Depression, Alasdair Roberts describes how the United States dealt with the economic and political crisis that followed the Panic of 1837.As Roberts shows, the two decades that preceded the Panic had marked a democratic surge in the United States. However, the nation's commitment to democracy was tested severely during this crisis. Foreign lenders questioned whether American politicians could make the unpopular decisions needed on spending and taxing. State and local officials struggled to put down riots and rebellion. A few wondered whether this was the end of America's democratic experiment. Roberts explains how the country's woes were complicated by its dependence on foreign trade and investment, particularly with Britain. Aware of the contemporary relevance of this story, Roberts examines how the country responded to the political and cultural aftershocks of 1837, transforming its political institutions to strike a new balance between liberty and social order, and uneasily coming to terms with its place in the global economy. 606 $aDepressions$y1836-1837 606 $aDepressions$y1847 606 $aFinancial crises$zUnited States$xHistory$y19th century 607 $aUnited States$xEconomic conditions$yTo 1865 607 $aUnited States$xPolitics and government$y1815-1861 615 0$aDepressions 615 0$aDepressions 615 0$aFinancial crises$xHistory 676 $a330.973/057 700 $aRoberts$b Alasdair$g(Alasdair Scott)$0905375 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910789905303321 996 $aAmerica's first Great Depression$93722307 997 $aUNINA