History Slam Episode Eighty-One: The Bank War

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Yesterday, Jonathan McQuarrie wrote about the smash Broadway show Hamilton. Even before the show, when most people thought about the establishment of the financial system in the United States, Hamilton was likely the first person to come to mind. President Andrew Jackson, probably wasn’t top of mind, while Nicolas Biddle remains a largely unknown figure. That’s why Paul Kahan’s new book The Bank War: Andrew Jackson, Nicolas Biddle, and the Fight for American Finance is so interesting.

The book traces the battle between Jackson and Biddle through the 1830s as the President tried to dismantle the national bank while Biddle fought to preserve the institution. Ultimately, Jackson prevailed, a result that had major implications for the American economy through the 19th century.

In this episode of the History Slam, I talk with Paul Kahan about the book. We talk about the challenges of writing popular history, the history of America’s financial structure, and the role of personalities in early American history.

Sean Graham is a William Lyon Mackenzie King post-doctoral fellow at the Weatherhead Center for International Affairs at Harvard University where he studies the history of North American media and broadcasting. He is an editor at Activehistory.ca and host/producer of the History Slam Podcast.

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