(Hardback)

Examining the history of foreign investment in the US since 1920, this work shows how America changed from a debtor nation to a supplier of capital to the rest of the world, and then details the structural shifts to this creditor position after the breakdown of the Bretton Woods system in 1972.

(Hardback)

Presents a financial history of the United States in the 20th century from the commercial and investment banking perspective. The author analyzes the successes and failures of the markets in producing a high standard of living and well-being over the past 70 years.