The Panic of 1819 tells the story of the first nationwide economic collapse to strike the United States. Much more than a banking crisis or real estate bubble,

This study of post-Civil War banking panics has constructed estimates of bank closures and their incidence in five separate banking disturbances. The book recon

Argues that the Panic of 1819 was America's first experience with a modern boom-bust cycle, and most importantly, much more than a banking panic resulting from