Money and Politics in America, 1755-1775: A Study in the Currency Act of 1764 and the Political Economy of Revolution

Although it is obvious that politics, money, and economic conditions were closely interrelated in the twenty years before the Revolution, this is the first account to bring together these strands of early American experience. Ernst also provides and analytical case study of the impact on America of British monetary policy during a period of dramatic shifts in the Atlantic economy and suggests that earlier studies are questionable because of theoretical misconceptions concerning the importance of visible money.
Originally published in 1973.
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