Counterfeiting and Capitalism in America

Lecture Description

Examines the twinned histories of “making money” in the early United States. Between the American Revolution and the Civil War, most money in circulation was issued by private state-chartered banks. These bank notes proved remarkably easy to counterfeit, and as the financial system grew, so did the criminal enterprise of counterfeiting. This talk details the colorful history of counterfeiting during this time, and what it it tells us more broadly about the corner-cutting, get-rich-quick brand of American capitalism that has appeared in reappeared throughout our nation’s history.


Business and Economics Capitalism

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