The Dead Pledge
The Origins of the Mortgage Market and Federal Bailouts, 1913-1939
1st Edition
Published on 24. March 2021
288 pages
978-0-231-54985-1 (ISBN)
Description
Today, the federal government underwrites a financial system built around mortgage lending. In The Dead Pledge, Judge Glock reveals the surprising origins of this entanglement in forgotten economic ideas and policies that held sway from the early twentieth century through the Great Depression.
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04/2021
Columbia University Press
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Columbia University Press
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Person
Judge Glock is a senior policy advisor with the Cicero Institute, a nonpartisan think tank. His work has been featured in the Journal of American History, Business History Review, National Public Radio, the Wall Street Journal, and the New York Times.
Content
Acknowledgments
Introduction
1. Making the Land Liquid: The Roots of Land Banking
2. The Special Privileges of the Federal Banks
3. The Federal Land Banks and Financial Distress, 1916-1926
4. Falling Prices and Mortgage Crisis, 1926-1933
5. Herbert Hoover and the Urban-Mortgage Crisis in the Great Depression
6. A New Deal for Farm Mortgages
7. Housing, Heavy Industry, and the Forgotten New Deal Banking Act
8. An Economy Balanced by Mortgages
Conclusion
Notes
References
Index
Introduction
1. Making the Land Liquid: The Roots of Land Banking
2. The Special Privileges of the Federal Banks
3. The Federal Land Banks and Financial Distress, 1916-1926
4. Falling Prices and Mortgage Crisis, 1926-1933
5. Herbert Hoover and the Urban-Mortgage Crisis in the Great Depression
6. A New Deal for Farm Mortgages
7. Housing, Heavy Industry, and the Forgotten New Deal Banking Act
8. An Economy Balanced by Mortgages
Conclusion
Notes
References
Index
