Banking Panics of the Gilded Age

"Elmus Wicker's fascinating new book on banking panics is an imaginative investigation." EH.NET (March2001) "Banking Panics of the Gilded Age...enhances our understanding of the crucial developments leading to the creation of our central bank and financial future...this book does make an important contribution to our understanding of U.S. banking history. Wicker's narrative and empirical support combine to paint a picture of the national banking era that is more comprehensive than previous work. Further, his concentration on Clearing House behavior forces his readers to critically re-evaluate their understanding of banking during the Gilded Age." Eastern Economic Review