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Panic in Paradise
Panic in Paradise is a comprehensive study of bank loan failures during the Florida land boom of the mid-1920s, during the years preceding the stock market crash of 1929. Florida and Georgia experienced a banking panic in 1926 when in a ten-day period in July, after uncontrollable depositor runs, 117 banks closed in the two states. Uninsured depositors lost millions, and several suicides followed the financial havoc. During the crisis in Florida bank assets fell more than $300 million in 1926 alone, and between 1926 and 1929, they declined from $943 million to $375 million. The banking debacle has been blamed on the collapse of the Florida land boom. It was believed that the precipitous drop...
The Monetary Elite Vs. Gold's Honest Discipline
Many people believe that monetary gold inhibits the Fed from effectively managing money on behalf of the public interest. LoCascio presents evidence in support of an opposing view.
Mr. Wrigley's Ball Club
Chicago in the Roaring Twenties was a city of immigrants, mobsters, and flappers with one shared passion: the Chicago Cubs. It all began when the chewing-gum tycoon William Wrigley decided to build the world’s greatest ball club in the nation’s Second City. In this Jazz Age center, the maverick Wrigley exploited the revolutionary technology of broadcasting to attract eager throngs of women to his renovated ballpark. Mr. Wrigley’s Ball Club transports us to this heady era of baseball history and introduces the team at its crazy heart—an amalgam of rakes, pranksters, schemers, and choirboys who take center stage in memorable successes, equally memorable disasters, and shadowy intrigue. Readers take front-row seats to meet Grover Cleveland Alexander, Rogers Hornsby, Joe McCarthy, Lewis “Hack” Wilson, Gabby Hartnett. The cast of characters also includes their colorful if less-extolled teammates and the Cubs’ nemesis, Babe Ruth, who terminates the ambitions of Mr. Wrigley’s ball club with one emphatic swing.
Organized Crime and American Power
Popular histories of organized crime in the United States often look to the Mafia and the sons of early twentieth-century immigrants – such as Al Capone, Lucky Luciano, and Meyer Lansky – for their origins. In this second edition of Organized Crime and American Power, Michael Woodiwiss refocuses on US organized crime as an American problem. The book starts in 1789, with the birth of a new nation, intended to be run according to laws and conventions, with a written commitment to civil rights. Woodiwiss examines the organization of crime before the Civil War, which damaged or destroyed the lives of those excluded from constitutional protections: Indigenous peoples, Black people, and women....
Reading Southern Poverty Between the Wars, 1918-1939
Franklin D. Roosevelt once described the South as "the nation's number one economic problem." These twelve original, interdisciplinary essays on southern indigence between the World Wars share a conviction that poverty is not just a dilemma of the marketplace but also a cultural and political construction. Although previous studies have examined the web of coercive social relations in which sharecroppers, wage laborers, and other poor southerners were held in place, this volume opens up a new perspective. These essays show that professed forces of change and modernization in the South--writers, photographers, activists, social scientists, and policymakers--often subtly upheld the structures ...
Bubble in the Sun
Christopher Knowlton, author of Cattle Kingdom and former Fortune writer, takes an in-depth look at the spectacular Florida land boom of the 1920s and shows how it led directly to the Great Depression. The 1920s in Florida was a time of incredible excess, immense wealth, and precipitous collapse. The decade there produced the largest human migration in American history, far exceeding the settlement of the West, as millions flocked to the grand hotels and the new cities that rose rapidly from the teeming wetlands. The boom spawned a new subdivision civilization—and the most egregious large-scale assault on the environment in the name of “progress.” Nowhere was the glitz and froth of the...
Banksters, Bosses, and Smart Money
Banksters, Bosses, and Smart Money uncovers the causes of one city's economic collapse by tracing the interlocking directorships, political machines, and insider deals that made quick fortunes for the well-connected while jeopardizing the savings of tens of thousands of depositors. It documents how the power of the city's financial elites continued even after the calamitous bank crash of 1931, skewing the liquidation of insolvent banks in their favor and shielding those responsible from criminal prosecution.
Money, Power, and the People
Banks and bankers are hardly the most beloved institutions and people in this country. With its corruptive influence on politics and stranglehold on the American economy, Wall Street is held in high regard by few outside the financial sector. But the pitchforks raised against this behemoth are largely rhetorical: we rarely see riots in the streets or public demands for an equitable and democratic banking system that result in serious national changes. Yet the situation was vastly different a century ago, as Christopher W. Shaw shows. This book upends the conventional thinking that financial policy in the early twentieth century was set primarily by the needs and demands of bankers. Shaw show...
Boca Rococo
Addison Mizner’s Mediterranean-style mansions are much-admired Florida icons, where even today you can find many homes modeled with stucco walls and tiled roofs. In the paperback release of Boca Rococo, Caroline Seebohm’s successful biography on the flamboyant architect is more accessible now than ever as it reaches more readers interested in the man himself. Mizner had global experience from San Francisco to China during his early days, before landing in New York and eventually, South Florida. He had no formal training but did possess natural talent, establishing him as architect of the rich and famous. His designs made the city of Palm Beach one of America’s most elegant resort spots—and fed his dream of developing a “Venice-on-the-Ocean” in nearby Boca Raton. Mizner’s plans ended with the collapse of Florida’s real estate boom. He died in 1933, broken and bankrupt. With inspiration from and inclusion of never-before-seen material like floor plans and autobiographical works, and a new foreword written by the author, Seebohm gives readers a complete view of Mizner as one of the greatest architects and more flamboyant Americans.
The Long Term View
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