Publisher Description
From the first days of the United States, a battle raged over money. On one side were the democrats, who wanted cheap money and feared the concentration of financial interests in the hands of a few. On the other were the capitalists who sought the soundness of a national bank—and the profits that came with it.
In telling this exciting story, H. W. Brands focuses on five “Money Men”: Alexander Hamilton, who championed a national bank; Nicholas Biddle, whose run-in with Andrew Jackson led to the bank’s demise; Jay Cooke, who financed the Union in the Civil War; Jay Gould, who tried to corner the gold market; and J. P. Morgan, whose position was so commanding that he bailed out the U.S. Treasury.
The Money Men is a riveting narrative, a revealing history of the men who fought over the lifeblood of American commerce and power.
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“Great short history of the 4 key individuals who shaped the American capitalist, banking, economic and monetary system. Recommend it to all who have an interest in economic history of the US.”
—
Greg (4 out of 5 stars)
