Bank Notes and Shinplasters

Bank Notes and Shinplasters
Author :
Publisher : University of Pennsylvania Press
Total Pages : 256
Release :
ISBN-10 : 9780812252248
ISBN-13 : 0812252241
Rating : 4/5 (48 Downloads)

Book Synopsis Bank Notes and Shinplasters by : Joshua R. Greenberg

Download or read book Bank Notes and Shinplasters written by Joshua R. Greenberg and published by University of Pennsylvania Press. This book was released on 2020-07-10 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The colorful history of paper money before the Civil War Before Civil War greenbacks and a national bank network established a uniform federal currency in the United States, the proliferation of loosely regulated banks saturated the early American republic with upwards of 10,000 unique and legal bank notes. This number does not even include the plethora of counterfeit bills and the countless shinplasters of questionable legality issued by unregulated merchants, firms, and municipalities. Adding to the chaos was the idiosyncratic method for negotiating their value, an often manipulative face-to-face discussion consciously separated from any haggling over the price of the work, goods, or services for sale. In Bank Notes and Shinplasters, Joshua R. Greenberg shows how ordinary Americans accumulated and wielded the financial knowledge required to navigate interpersonal bank note transactions. Locating evidence of Americans grappling with their money in fiction, correspondence, newspapers, printed ephemera, government documents, legal cases, and even on the money itself, Greenberg argues Americans, by necessity, developed the ability to analyze the value of paper financial instruments, assess the strength of banking institutions, and even track legislative changes that might alter the rules of currency circulation. In his examination of the doodles, calculations, political screeds, and commercial stamps that ended up on bank bills, he connects the material culture of cash to financial, political, and intellectual history. The book demonstrates that the shift from state-regulated banks and private shinplaster producers to federally authorized paper money in the Civil War era led to the erasure of the skill, knowledge, and lived experience with banking that informed debates over economic policy. The end result, Greenberg writes, has been a diminished public understanding of how currency and the financial sector operate in our contemporary era, from the 2008 recession to the rise of Bitcoin.


Bank Notes and Shinplasters Related Books

Bank Notes and Shinplasters
Language: en
Pages: 256
Authors: Joshua R. Greenberg
Categories: History
Type: BOOK - Published: 2020-07-10 - Publisher: University of Pennsylvania Press

DOWNLOAD EBOOK

The colorful history of paper money before the Civil War Before Civil War greenbacks and a national bank network established a uniform federal currency in the U
A History of American Currency
Language: en
Pages: 401
Authors: Sumner Sumner
Categories:
Type: BOOK - Published: 2007 - Publisher: Ludwig von Mises Institute

DOWNLOAD EBOOK

Paper Money of the United States
Language: en
Pages: 0
Authors: Arthur L. Friedberg
Categories:
Type: BOOK - Published: 2024-07-15 - Publisher:

DOWNLOAD EBOOK

The Early Paper Money of America
Language: en
Pages: 368
Authors: Eric P. Newman
Categories: Paper money
Type: BOOK - Published: 1967 - Publisher:

DOWNLOAD EBOOK

An illustrated historical, statistical and descriptive compilation of data relating to American paper currency from its inception.
Fiat Paper Money
Language: en
Pages: 281
Authors: Ralph T. Foster
Categories: Currency question
Type: BOOK - Published: 2011 - Publisher:

DOWNLOAD EBOOK