The Wealth of Nations Rediscovered: Integration and Expansion in American Financial Markets, 1780-1850 (Paperback) (ISBN-13: 9780521120395)

Robert E. Wright portrays the development of a modern financial sector--including a central bank, a national monetary system, a network of financial intermediaries, and efficient capital markets--as the driving force behind America's economic transition from agricultural colony to industrial juggernaut. He applies the economic theory of information asymmetry to understandings of early U.S. financial development, expanding on recent scholarship of finance-led economic growth. The book builds upon many of Adam Smith's lesser-known insights into financial relationships.

Author: Robert E. Wright
ISBN-10: 052112039X
ISBN-13: 9780521120395
Publisher: Cambridge University Press
Language: English
Published: 10/01/2009
Pages: 256
Format: Paperback
Weight: 0.84lbs
Size: 9.00h x 6.00w x 0.58d