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The Money Men: Capitalism, Democracy, and the Hundred Years’ War Over the American Dollar (Enterprise)

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Description

An “insightful” (Publishers Weekly) history of the development of American capitalism and the men who made it great.

Most Americans are conversant in the political history of america, but there may be every other history woven during it, a in large part forgotten history―the tale of the money men. Acclaimed historian H. W. Brands brings them back to life: J. P. Morgan, who stabilized a foundering U.S. Treasury in 1907; Alexander Hamilton, who founded the primary national bank, and Nicholas Biddle, under whose directorship it failed; Jay Cooke, who helped to finance the Union war effort through his then-innovative strategy of selling bonds to strange Americans; and Jay Gould, who tried to corner the market on gold in 1869 and in consequence brought about Black Friday and fled for his life.

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