This week our featured book is Capital of Capital: Money, Banking, and Power in New York City, 1784-2012, by Steven H. Jaffe and Jessica Lautin.
We are also offering a FREE copy of Capital of Capital to a lucky winner. To enter the contest please e-mail firstname.lastname@example.org and include your name and address. The winner will be selected Friday, June at 1:00 pm.
From Revolutionary Era bank notes to the 2008 financial collapse, Capital of Capital explores how New York City gave rise to a banking industry that in turn made the American and world economies. The authors also examine the frequently contentious evolution of the banking business, its role in making New York City an international economic center, and its influence on America’s politics, society, and culture.
The following is an excerpt from the book: