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The Era of Good Feelings

By abwhitford

Today is James Monroe’s birthday. One of Monroe’s greatest challenges was the Panic of 1819, the first major financial crisis in the U.S. Economists still debate the causes of the panic, but most agree that Monroe could do little in trying to manage the economy. Instead, people point to Langdon Cheves’ pivotal [...]

Full post as published by Voir Dire on April 28, 2008 (boomark / email).