The Exchange Artist
A Tale of High-Flying Speculation and America's First Banking Collapse
by:
Jane Kamensky
in:
U.S. History
Summary:
The book chronicles the life of Andrew Dexter Jr., an ambitious entrepreneur who played a central role in the speculative boom and bust of early 19th-century America, culminating in the financial panic of 1809. It delves into his grand scheme to build a palatial exchange building in Boston, his innovative yet risky financial practices, and the subsequent economic turmoil that affected the young nation's banking system.
Key points:
1. "The Exchange Artist" explores early American finance through Andrew Dexter Jr., who used innovative but risky methods, showing how financial creativity can boost or harm the economy.
Books similar to "The Exchange Artist":
Millionaire
Janet Gleeson
The Cash Nexus
Niall Ferguson
Financial Reckoning Day
William Bonner|Addison Wiggin
The Greater Journey
David McCullough
The House of Morgan
Ron Chernow
The Ascent of Money
Niall Ferguson
Boomerang
Michael Lewis
Straight to Hell
John LeFevre
Making Sense of the Dollar
Marc Chandler
Financial Crises and What to Do About Them
Barry Eichengreen