If you want to understand today’s economic woes, you could do a lot worse than explore hard times in early America.
That’s the message in “Hard Times,” the latest edition of Common-place, guest edited by historian Michael Zakim.
Meet William Duer, the Bernard Madoff of the 1790s, to learn how one reformed drunkard manipulated the antebellum market for suffering, and to discover the surprising consequences of nineteenth-century bank failures.
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