Bücher von Robert E. Wright

This ground-breaking book adds an economic angle to a traditionally moral argument, demonstrating that slavery has never promoted economic growth or development, neither today nor in the past.

This text uses modern financial theories to look at old problems in early American republic historiography from new perspectives. Concepts such as information asymmetry, portfolio choice and principal-agent dilemmas open up scholarly vistas.

Robert Wright argues that the ultimate causes of American economic development and transformation into a modern society can be reduced to the causes of American commercial banking. Wright analyzes why American banking arose when, and with the particular characteristics, it did.