The riveting story of the country's first banking scandal in the first decades of the American republic
This enthralling historical narrative of the birth of speculative capitalism in America opens in the 1790s when financial pioneer-turned-confidence-man Andrew Dexter, Jr. created a pyramid scheme founded on real estate speculation and the greed of banks, who freely printed the paper money he needed to finance the then tallest building in the United States-the Exchange Coffee House, a 153-room, seven-story colossus in downtown Boston. The story of Dexter's rise and eventual collapse offered an object lesson to the rising young nation, and presents striking parallels to the subprime mortgage meltdown and looming economic collapse of today.
Jane Kamensky, professor of American history and chair of the History Department at Brandeis, is the author of The Exchange Artist. View titles by Jane Kamensky
FINALIST George Washington Book Prize
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"There is a very evident enthusiasm of discovery in Kamensky's The Exchange Artist that animates her narrative of a high-flying developer and the banks and investors dragged down by his overreaching need for money to build his towering dream." -The Boston Globe
"This shrewd and eloquent biography of a building, a man, and the speculative culture they reflect is bound to delight as well as disturb." -Walter A. McDougall, University of Pennsylvania, author of The Heavens and the Earth
The riveting story of the country's first banking scandal in the first decades of the American republic
This enthralling historical narrative of the birth of speculative capitalism in America opens in the 1790s when financial pioneer-turned-confidence-man Andrew Dexter, Jr. created a pyramid scheme founded on real estate speculation and the greed of banks, who freely printed the paper money he needed to finance the then tallest building in the United States-the Exchange Coffee House, a 153-room, seven-story colossus in downtown Boston. The story of Dexter's rise and eventual collapse offered an object lesson to the rising young nation, and presents striking parallels to the subprime mortgage meltdown and looming economic collapse of today.
Jane Kamensky, professor of American history and chair of the History Department at Brandeis, is the author of The Exchange Artist. View titles by Jane Kamensky
Awards
FINALIST George Washington Book Prize
Rights
Available for sale exclusive:
• Canada
• Guam
• Minor Outl.Ins.
• North Mariana
• Philippines
• Puerto Rico
• Samoa,American
• US Virgin Is.
• USA
Available for sale non-exclusive:
• Afghanistan
• Aland Islands
• Albania
• Algeria
• Andorra
• Angola
• Antarctica
• Argentina
• Armenia
• Aruba
• Austria
• Azerbaijan
• Bahrain
• Bangladesh
• Belarus
• Belgium
• Benin
• Bermuda
• Bhutan
• Bolivia
• Bonaire, Saba
• Bosnia Herzeg.
• Botswana
• Bouvet Island
• Brazil
• Brit.Ind.Oc.Ter
• Brunei
• Bulgaria
• Burkina Faso
• Burundi
• Cambodia
• Cape Verde
• Centr.Afr.Rep.
• Chad
• Chile
• China
• Christmas Islnd
• Cocos Islands
• Colombia
• Comoro Is.
• Congo
• Cook Islands
• Costa Rica
• Croatia
• Cuba
• Curacao
• Cyprus
• Czech Republic
• Dem. Rep. Congo
• Denmark
• Djibouti
• Dominican Rep.
• Ecuador
• El Salvador
• Equatorial Gui.
• Eritrea
• Estonia
• Ethiopia
• Falkland Islnds
• Faroe Islands
• Finland
• France
• Fren.Polynesia
• French Guinea
• Gabon
• Gambia
• Georgia
• Germany
• Gibraltar
• Greece
• Greenland
• Guadeloupe
• Guatemala
• Guinea Republic
• Guinea-Bissau
• Haiti
• Heard/McDon.Isl
• Honduras
• Hong Kong
• Hungary
• Iceland
• India
• Indonesia
• Iran
• Israel
• Italy
• Ivory Coast
• Japan
• Kazakhstan
• Kiribati
• Kuwait
• Kyrgyzstan
• Laos
• Latvia
• Lebanon
• Lesotho
• Liberia
• Libya
• Liechtenstein
• Lithuania
• Luxembourg
• Macau
• Macedonia
• Madagascar
• Malawi
• Malaysia
• Maldives
• Mali
• Malta
• Marshall island
• Mauritania
• Mauritius
• Mayotte
• Mexico
• Micronesia
• Moldavia
• Monaco
• Mongolia
• Montenegro
• Morocco
• Mozambique
• Myanmar
• Nauru
• Nepal
• Netherlands
• New Caledonia
• Nicaragua
• Niger
• Niue
• Norfolk Island
• North Korea
• Norway
• Oman
• Pakistan
• Palau
• Palestinian Ter
• Panama
• PapuaNewGuinea
• Paraguay
• Peru
• Pitcairn Islnds
• Poland
• Portugal
• Qatar
• Reunion Island
• Romania
• Russian Fed.
• Rwanda
• S. Sandwich Ins
• Saint Martin
• San Marino
• SaoTome Princip
• Saudi Arabia
• Senegal
• Serbia
• Seychelles
• Singapore
• Sint Maarten
• Slovakia
• Slovenia
• Solomon Islands
• Somalia
• South Korea
• South Sudan
• Spain
• Sri Lanka
• St Barthelemy
• St. Helena
• St.Pier,Miquel.
• Sth Terr. Franc
• Sudan
• Suriname
• Svalbard
• Swaziland
• Sweden
• Switzerland
• Syria
• Tadschikistan
• Taiwan
• Tanzania
• Thailand
• Timor-Leste
• Togo
• Tokelau Islands
• Tonga
• Tunisia
• Turkey
• Turkmenistan
• Tuvalu
• Uganda
• Ukraine
• Unit.Arab Emir.
• Uruguay
• Uzbekistan
• Vanuatu
• Vatican City
• Venezuela
• Vietnam
• Wallis,Futuna
• West Saharan
• Western Samoa
• Yemen
Not available for sale:
• Anguilla
• Antigua/Barbuda
• Australia
• Bahamas
• Barbados
• Belize
• Brit.Virgin Is.
• Cameroon
• Cayman Islands
• Dominica
• Egypt
• Fiji
• Ghana
• Grenada
• Guernsey
• Guyana
• Iraq
• Ireland
• Isle of Man
• Jamaica
• Jersey
• Jordan
• Kenya
• Martinique
• Montserrat
• Namibia
• New Zealand
• Nigeria
• Sierra Leone
• South Africa
• St. Lucia
• St. Vincent
• St.Chr.,Nevis
• Trinidad,Tobago
• Turks&Caicos Is
• United Kingdom
• Zambia
• Zimbabwe
Praise
"There is a very evident enthusiasm of discovery in Kamensky's The Exchange Artist that animates her narrative of a high-flying developer and the banks and investors dragged down by his overreaching need for money to build his towering dream." -The Boston Globe
"This shrewd and eloquent biography of a building, a man, and the speculative culture they reflect is bound to delight as well as disturb." -Walter A. McDougall, University of Pennsylvania, author of The Heavens and the Earth