The Missing Central Bank: A Case History of the United States of America 1791-1913

This paper explores the economic, political, and social motivations for why the United States of America chose not to have a central bank between the years of 1775 and 1913. The paper will explain why in the initial years of the republic there was support for the national bank but over time opinions drastically changed. In addition, it will explore how even after several financial crises during the 1800s, there was still little desire to have a central bank. The paper will conclude by explaining how the presence of a central bank became essential to the U.S. financial markets in the early 1900s.

Name thesis:degree_name

Master of Arts (MA)

Level thesis:degree_level

Thesis

Discipline thesis:degree_discipline

Political Science

Year dc:date.available

2011

Author dc:creator

• Husain, Samia

Contributors dc:contributor

• Norman Schofield

• Central bank
• Institutional analysis
• US banking history

Language dc:language

English (en)

DOI

https://doi.org/10.7936/K7Q52MRJ

OAI identifier oai:identifier

oai:openscholarship.wustl.edu:etd-1542