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19th century panics

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WallStreetAce posted on Wed, Sep 8 2010 12:35 AM

Hi all,

I'm doing research for my senior thesis and need information on the panics/depressions of the 19th century. So my question is, where would I get reliable information on those panics (preferably in books)? I know Rothbard's history of money and banking is a good source, but I am going to need more than one if my thesis is going to be credible.

 

Thanks

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Curtis replied on Wed, Sep 8 2010 12:43 AM

Although I don't fully agree with his monetarist analysis, Milton Friedman's "A Monetary History of the United States" would probably make a good reference for some aspects of your research. 
I'd also try doing a lot of keyword searches on this site as I know there is a fairly extensive literature on the subject.

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DougM replied on Thu, Sep 9 2010 9:57 AM

The Secret Life of Real Estate has several chapters on 19th century panics, along with several suggested sources for further reading. I don't agree with the author's conclusions but the facts appear to be accurate.

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I dont know if he's written anything on it, but Thomas Woods has a video where hes talking about 19th century panics.  Its on Youtube, but I forget the name of it sadly...

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Monetary Policy in the United States: An Intellectual and Institutional History by Richard H. Timberlake.

"I'm not a fan of Murray Rothbard." -- David D. Friedman

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Some resources can be found here, in general Rothbard is probably your best guide.

Also, check a summary on the panic of 1819.

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MB replied on Tue, Sep 14 2010 9:16 AM

What about de Soto's Money, Bank Credit and Economic Cycles?

or Doug French's Early Speculative Bubbles?

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de Soto is a good hit, the Early Speculative Bubbles are a bit too early for the question.

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