Other People's Money

More about the book

The book explores the chaotic landscape of money and banking in antebellum America, highlighting the instability and unpredictability of various financial instruments like paper currency, foreign coins, and stock certificates. It examines how these elements exemplified unregulated free-market capitalism, leading to a cycle of exuberance and inevitable financial crises. Through this lens, the narrative reveals the complexities and vulnerabilities of a burgeoning economic system on the brink of collapse.