1928 Financial History of the United States Hardcover Book

Details

Description

Financial History of the United States (10th edition, 1928) by Davis Rich Dewey remains a significant resource for understanding the … Read more Financial History of the United States (10th edition, 1928) by Davis Rich Dewey remains a significant resource for understanding the economic foundations of the country.
It provides a detailed account of federal finance from the colonial era through the early 20th century, covering critical events like the Panics of 1837, 1873, and 1893.
As a 1928 edition, it captures a perspective of American economic history just before the Great Depression, offering a unique look at how "modern" banking and finance were viewed at that time.

Title: Financial History of The United States
Author: Davis Rich Dewey
Tenth Edition
Longmans, Green and Co.
Publication Date: 1928

Financial History of The United States by Davis Rich Dewey is a foundational academic text that provided generations of students with an objective, structured look at early American economics.
Written originally in 1902, Dewey emphasizes the direct relationship between financial legislation and democracy. He covers federal finances from the Colonial period up through the early 20th century.
Dewey explicitly states in his preface that the book's purpose is strictly historical rather than a critical treatise. He interprets past legislative and fiscal decisions by the economic conditions and experience available at that time, rather than judging past generations.
The book meticulously details the evolution of the American system through major financial milestones. These include colonial commerce, the funding of the American Revolution, early industrialization, the National Banking Acts, Civil War inflation, and late-19th-century financial panics (1837, 1873, and 1893).

About the Author: Davis Rich Dewey (1858–1942)Famous Family: He was the older brother of John Dewey, the globally renowned American philosopher and educator.Pioneering Economist: Educated at the University of Vermont and Johns Hopkins University, Davis Rich Dewey earned one of the very first Ph.D. degrees in economics awarded in the United States.
MIT Legacy: He spent his entire career as a professor of economics and statistics at the Massachusetts Institute of Technology (MIT). He served as department head from 1907 to 1933. MIT's Social Science Library (The Dewey Library) is named in his honor. See less