The 100 Most Important American Financial Crises: An Encyclopedia of the Lowest Points in American Economic History

Editor/Author Skrabec, Jr., Quentin R.
Publication Year: 2014
Publisher: Greenwood

Single-User Purchase Price: $89.00
Unlimited-User Purchase Price: $133.50
ISBN: 978-1-44-083011-2
Category: Business, Finance & Economics - Economics
Image Count: 30
Book Status: Available
Table of Contents

The United States has fairly recently experienced the worst economic downturn since the Great Depression. But crippling financial crises are hardly unusual: economic emergencies have occurred throughout American history and can be seen as a cyclical and "normal" (if undesirable) aspect of an economic system. This encyclopedia supplies objective, accessible, and interesting entries on major U.S. financial crises from the Colonial era to today that have had tremendous domestic impact-and in many cases, global impact as well.

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Table of Contents

  • Preface
  • Acknowledgments
  • Introduction
  • 1676—Bacon's Rebellion
  • 1703—Tobacco Depression
  • 1719—Mississippi Bubble
  • 1733—Molasses Act
  • 1749—Colonial Hyperinflation and Currency Deflation
  • 1750—Iron Act
  • 1762—Colonial Recession
  • 1764–1765—Sugar Act, Currency Act, and Stamp Act Boycotts
  • 1772—Credit Crisis
  • 1776—War Financing Crisis
  • 1781—Currency Deflation and Inflation
  • 1790—Debt Assumption, Debt Retirement, and Expanding the Economy
  • 1792—Panic
  • 1794—Whiskey Tax Rebellion
  • 1796–1797—Panic
  • 1800—Trade Interference by Barbary Coast Pirates
  • 1807—Economic Embargo and Depression
  • 1812—War of 1812
  • 1816–1819—Economic Warfare and Dumping by Great Britain
  • 1819—Panic
  • 1820s—Cotton Recession
  • 1825—British Panic and Its American Impact
  • 1828—Tariff of Abominations
  • 1833—Andrew Jackson Closes the Bank of the United States and Lowers Tariffs
  • 1837—Panic and Six-Year Depression
  • 1847—Panic
  • 1848—Gold Rush Boom and Bust
  • 1850—Whale Oil Shortage: The First Energy Crisis
  • 1854—Panic
  • 1854—Decline of American Canals
  • 1857—Panic
  • 1861—Civil War Economics, Shortages, and Inflation
  • 1862—Union Blockade and Inflation
  • 1869—Grant's Recession
  • 1873—Panic and Global Depression
  • 1877—Great National Railroad Strike
  • 1880s—New England Energy Crisis
  • 1882—Bessemer Process and the Labor Crisis
  • 1882—Recession
  • 1884—Panic
  • 1890—British Panic
  • 1893—Panic
  • 1894—National Labor Unrest
  • 1896—Gold Crisis
  • 1899—Ohio Gas Industry Collapse
  • 1901—Rich Man's Panic
  • 1902—National Anthracite Coal Strike
  • 1907—Panic
  • 1910—Rubber Shortage and Price Explosion
  • 1914–1918—War Shortages
  • 1914—Crisis
  • 1917—Boll Weevil Cotton Crisis
  • 1918—Flu Pandemic
  • 1919—National Steel Strike
  • 1921—Automotive Recession
  • 1921—British Rubber Embargo and Monopoly Control
  • 1922—Peanut Import Crisis
  • 1929—Wall Street Crash and Great Depression
  • 1930s—Agricultural Depression and the Dust Bowl
  • 1936–1939—Labor Uprisings
  • 1937–1938—Recession
  • 1940s—World War II Rationing and Shortages
  • 1941—Rubber Crisis and Shortage
  • 1943—Steel, Metal, and Alloy Shortage Crisis
  • 1947—Economic Restructuring of America: Taft-Hartley Act
  • 1947—Mont Pelerin: A Crisis in Economic Thought and Academia
  • 1959—National Steel Strike
  • 1965—Auto Import Challenge and the Fall of the American Auto Industry
  • 1969—Technological Tire Crisis: Radial Tire Production Ends U.S. Rubber Dominance
  • 1971—Wage and Price Controls
  • 1973—Arab Oil Embargo Crisis
  • 1974—Double-Digit Inflation
  • 1975—Rapid Deindustrialization
  • 1977—Natural Gas Shortage Crisis
  • 1979—Nuclear Energy Crisis: Three Mile Island
  • 1979—First Chrysler Bankruptcy
  • 1980s—The Rust Belt
  • 1981—Air Traffic Controllers’ Strike
  • 1982—Collapse of the Steel Industry
  • 1982—Recession
  • 1986—Savings and Loan Crisis
  • 1987—Black Monday
  • 1992—Hurricane Andrew
  • 1992–1994—North American Free Trade Agreement
  • 1994—Mexican Peso Crisis
  • 1996—Decline of Southern Textile and Furniture Industries
  • 1997—Asian Financial Crisis
  • 1998—Russian Financial Crisis
  • 2000—The Y2K Crisis
  • 2000—Dot.Com Bubble
  • 2001—September 11 Terrorist Attack and Recession
  • 2005—Hurricane Katrina
  • 2008—Banking and Subprime Mortgage Crisis
  • 2009—Great Recession
  • 2009—General Motors Bankruptcy
  • 2010—Gulf Oil Spill
  • 2012—European Sovereign Debt Crisis: U.S. Exports and Banking Impacts
  • 2012—San Bernardino, California, Bankruptcy
  • 2012—Hurricane Sandy
  • 2013—Detroit Bankruptcy
  • Appendix: Primary Documents
  • 1676—Bacon's Declaration in the Name of the People
  • Ca. 1750–Petition to Parliament on Repeal of the Iron Prohibition Act of 1750
  • 1764—Boston Merchants’ Appeals to Repeal the Sugar Act
  • 1790—Hamilton's Report on Manufactures
  • 1807—Embargo Act
  • 1819—Transcript of McCulloch v. Maryland
  • 1828—South Carolina's Exposition and Protest Against the Tariff of 1828 by John C. Calhoun (Anonymously)
  • 1893—President Cleveland's Address on the Repeal of the Sherman Silver Act
  • 1913—Federal Reserve Act Article One
  • 1947—Outline of 29 U.S.C. 186 (Taft-Hartley Act Sec. 302)
  • 1948—Article I of GATT Treaty
  • 1971—Nixon's Address to the Nation Announcing Price Control Measures
  • 1993—NAFTA Partial Text
  • About the Author
  • Bibliography