Virginia and the Panic of 1819
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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 the mismanagement of the newly created second Bank of the United States and a number of state chartered banks.
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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 the mismanagement of the newly created second Bank of the United States and a number of state chartered banks.
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