cover of book
 

A Nation of Counterfeiters
by Stephen Mihm
Harvard University Press, 2007
Paper: 978-0-674-03244-6 | eISBN: 978-0-674-04101-1

ABOUT THIS BOOK | TOC
ABOUT THIS BOOK
Prior to the Civil War, the United States did not have a single, national currency. Counterfeiters flourished amid this anarchy, putting vast quantities of bogus bills into circulation. Their success, Mihm reveals, is more than an entertaining tale of criminal enterprise: it is the story of the rise of a country defined by freewheeling capitalism and little government control. Mihm shows how eventually the older monetary system was dismantled, along with the counterfeit economy it sustained.

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