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Researcher Nicholas Biddle joins Democracy Sausage to discuss new research on Australia's optimism (or lack thereof), what's driving it, and what it means for the election. What's the current mood in Australia and how is it impacting votes? Can our pessimism drive support for any particular policy, party or candidate? And will we see populist support grow in Australia? On this episode of Democracy Sausage, Professor Nicholas Biddle joins Professor Mark Kenny and Dr Marija Taflaga to discuss research on the erosion of hope and Australia's mood as we move closer to a federal election. Nicholas Biddle is the Head of the School of Politics and International Relations. His latest research on the Erosion of Hope is available here. Marija Taflaga is the Director of the ANU Australian Politics Studies Centre and a Lecturer at the ANU School of Politics and International Relations. Mark Kenny is the Director of the ANU Australian Studies Institute. He came to the University after a high-profile journalistic career including six years as chief political correspondent and national affairs editor for The Sydney Morning Herald, The Age and The Canberra Times. Democracy Sausage with Mark Kenny is available on Apple Podcasts, Spotify, Pocket Casts, Google Podcasts or wherever you get your podcasts. We'd love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to democracysausage@anu.edu.au. This podcast is produced by The Australian National University. Hosted on Acast. See acast.com/privacy for more information.
Researchers Nicholas Biddle and Valerie Cooms join the show to discuss new research on the referendum and why it was rejected at the polls.Why did so many Australians vote against the Voice to Parliament referendum? How did people's perceptions change throughout the campaign? And what does the data reveal about the way forward for reconciliation in Australia? On this episode of Democracy Sausage, Professor Nicholas Biddle and Professor Valerie Cooms join Mark and Marija to examine new research on the Voice vote and to discuss what it reveals about the future of reconciliation. Nicholas Biddle is an Associate Director and Professor at the ANU Centre for Social Research and Methods.Valerie Cooms is a Quandamooka woman and the Director of the ANU Centre for Aboriginal Economic Policy Research.Marija Taflaga is the Director of the ANU Centre for the Study of Australian Politics and a Lecturer at the ANU School of Politics and International Relations.Mark Kenny is a Professor at the ANU Australian Studies Institute. He came to the University after a high-profile journalistic career including six years as chief political correspondent and national affairs editor for The Sydney Morning Herald, The Age and The Canberra Times.Democracy Sausage with Mark Kenny is available on Apple Podcasts, Spotify, Pocket Casts, Google Podcasts or wherever you get your podcasts. We'd love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to democracysausage@anu.edu.au.This podcast is produced by The Australian National University. Hosted on Acast. See acast.com/privacy for more information.
On this episode, referendums expert Matt Qvortrup and social researcher Nicholas Biddle join us to examine the Voice referendum result. How important was the lack of bipartisanship to the outcome of the referendum? Could the government have done more to convince opposition leader Peter Dutton to support the proposal? And is the emphatic ‘no' vote a sign of the Liberals' rising stock, or will elements of the campaign backfire on the party at the next election? On this episode of Democracy Sausage, leading referendums expert Professor Matt Qvortrup and head of the ANUpoll Professor Nicholas Biddle join Professor Mark Kenny and Dr Marija Taflaga to discuss what went wrong for the ‘yes' campaign.Matt Qvortrup is a Visiting Professor of Constitutional Law at the ANU College of Law and Chair of Political Science at Coventry University.Nicholas Biddle is an Associate Director and Professor at the ANU Centre for Social Research and Methods.Marija Taflaga is the Director of the ANU Centre for the Study of Australian Politics and a Lecturer at the ANU School of Politics and International Relations.Mark Kenny is a Professor at the ANU Australian Studies Institute. He came to the University after a high-profile journalistic career including six years as chief political correspondent and national affairs editor for The Sydney Morning Herald, The Age and The Canberra Times.Democracy Sausage with Mark Kenny is available on Apple Podcasts, Spotify, Pocket Casts, Google Podcasts or wherever you get your podcasts. We'd love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to democracysausage@anu.edu.au.This podcast is produced by The Australian National University. Hosted on Acast. See acast.com/privacy for more information.
Researchers Nicholas Biddle and Intifar Chowdhury join us to discuss the impact of the inflation crisis on Australians' wellbeing and their attitudes to politics.What impact is inflation and rising interest rates having on the financial and psychological wellbeing of Australians? With over 30 per cent of people finding it difficult to get by on their current income, are voters likely to start pointing the finger at the current government for the state of the economy? And will the tougher economic times affect people's attitudes during the Voice referendum campaign? On this episode of Democracy Sausage, Professor Nicholas Biddle and Dr Intifar Chowdhury join Professor Mark Kenny to discuss the economy, how its affecting political attitudes and the findings of the latest ANUpoll.Nicholas Biddle is an Associate Director and Professor at the ANU Centre for Social Research and Methods.Intifar Chowdhury is a political scientist and Associate Lecturer at the ANU Centre for Social Research and Methods.Mark Kenny is a Professor at the ANU Australian Studies Institute. He came to the University after a high-profile journalistic career including six years as chief political correspondent and national affairs editor for The Sydney Morning Herald, The Age and The Canberra Times.Democracy Sausage with Mark Kenny is available on Apple Podcasts, Spotify, Pocket Casts, Google Podcasts or wherever you get your podcasts. We'd love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to democracysausage@anu.edu.au.This podcast is produced by The Australian National University. Hosted on Acast. See acast.com/privacy for more information.
Welcome to the Instant Trivia podcast episode 897, where we ask the best trivia on the Internet. Round 1. Category: european cities 1: This capital lies 5 miles from the Bay of Phaleron, an arm of the Aegean Sea. Athens. 2: This city is central to works by James Joyce; after all, he was born there. Dublin. 3: The World Health Organization is headquartered in this Swiss city. Geneva. 4: In Krakow, Poland you'll find the former factory, now a museum, of this righteous businessman. (Oskar) Schindler. 5: Signed in 1975, the accord named for this city was an effort to ease tensions between the Soviet Bloc and the West. Helsinki. Round 2. Category: literary relatives 1: Their father, an Irish-born clergyman named Patrick Brunty, changed the spelling of the family name. Brontandeuml; Sisters (The Brontandeuml;s). 2: Sara Coleridge wrote children's verse but was best known for editing the works of this man, her father. Samuel Coleridge. 3: Her mother, feminist author Mary Wollstonecraft, died 11 days after her birth. Mary Shelley. 4: "Lord Jim" author whose father, Apollo Korzeniowski, was a Polish poet. Joseph Conrad. 5: Quaker novelist Jessamyn West was a second cousin of this Quaker president. (Richard) Nixon. Round 3. Category: howdy, partner! 1: 19th century printing partner of Nathaniel Currier. Ives. 2: After his partner's death in 1809, he partnered with Nicholas Biddle to complete the expedition report. (William) Clark. 3: Born in 1895, this lyricist partnered with composers Friml, Romberg, Kern and Rodgers. Hammerstein. 4: He partnered with Edward Williams in 1866 to "Cover the Earth" with paint. Sherwin. 5: In 1673, he and his exploring partner Joliet became the first Europeans to visit the area of Chicago. Marquette. Round 4. Category: actual mlb announcer quotes 1: "Ron Guidry is not very big, maybe 140 pounds, but he has an arm like" this king of beasts. a lion. 2: "Today is Father's Day, so everyone out there, Happy" this, a 1968 Beatles tune. Birthday. 3: "The first pitch to Tucker Ashford is grounded into left field. No, wait a minute. It's" this 2-word term, "low and outside". ball one. 4: "Winfield goes back... He hits his head on the wall and it rolls off! It's rolling" to here, the usual position of Robbie Alomar. second base. 5: "If Don Mattingly isn't the American League MVP, something isn't kosher in" this Asian country. China. Round 5. Category: he was in that? 1: He appeared fleet-ingly in "Sailor Beware" with Martin and Lewis before "East of Eden" made him a star. James Dean. 2: Kevin Spacey played a sleazy businessman in this Melanie Griffith film about an ambitious secretary. Working Girl. 3: This boxing champ played a bartender in "The Hustler", and that's no "Raging Bull". (Jake) LaMotta. 4: Wayne Knight, who played Newman on "Seinfeld", got to interrogate Sharon Stone in this revealing thriller. Basic Instinct. 5: Before "Starsky and Hutch", Paul Michael Glaser played Perchik in this movie musical (Hint: Topol got top billing). Fiddler on the Roof. Thanks for listening! Come back tomorrow for more exciting trivia! Special thanks to https://blog.feedspot.com/trivia_podcasts/
Welcome to the Instant Trivia podcast episode 563, where we ask the best trivia on the Internet. Round 1. Category: Short Stories 1: "Uncle Wiggily in Connecticut" was one of the "Nine Stories" he published after "Catcher in the Rye". J.D. Salinger. 2: The 1922 play "Rain" is a dramatization of "Miss Thompson", this author's story about Sadie Thompson. Somerset Maugham. 3: In this O. Henry story, the kidnappers pay the father $250 to take the kid back. "The Ransom of Red Chief". 4: He called his third collection of short stories "The Trimmed Lamp and Other Stories of the Four Million". O. Henry (William Sydney Porter). 5: The character Jesse B. Semple figures prominently in many of this "Harlem" poet's short stories. (Langston) Hughes. Round 2. Category: Jokers 1: He claims he gets mail that says "You may already be a loser"; now that's getting no respect. Rodney Dangerfield. 2: Her, as Liz Lemon: "I took one of those 'Which Gossip Girl Are You?' quizzes, and it said I was the dad's guitar". (Tina) Fey. 3: Ali Wong learned "In order to be a" this "wife, you have to be a" this. "I am more of a commemorative plaque". a trophy. 4: George Carlin and Lily Tomlin were featured in the 1995 special "20 Years of Comedy on" this cable network. HBO. 5: In a 1984 film Rob Reiner said they "earned a distinguished place in rock history as one of England's loudest bands". Spinal Tap. Round 3. Category: Lakes And Rivers 1: Because of their salt water, the Caspian and Aral, 1st and 4th largest lakes in the world, are called these. Seas. 2: About 70% of China's rice crop is grown in this river's basin. Yangtze River. 3: Sam Rayburn Reservoir is this state's largest lake. Texas. 4: The Irrawaddy is a river road to Mandalay in this country. Myanmar or Burma. 5: World's largest lake, nearly 5 times as big as Superior. the Caspian Sea. Round 4. Category: Robert Louis Stevenson 1: The place where Stevenson and his wife spent their honeymoon in 1880 is now a state park in this state's Napa Valley. California. 2: This title character was an "M.D., D.C.L., LL.D....". Dr. Jekyll. 3: (Hi Ho, Kermit the Frog here) As Captain Smollet, I followed the map to this Robert Louis Stevenson island. "Treasure Island". 4: "The Silverado Squatters" was an 1883 tale about Stevenson's experiences in one of these camps in California. mining camp. 5: Around 1890 Stevenson bought 300 acres in what's now this country, where he was called tusitala, or "teller of tales". Samoa. Round 5. Category: Howdy, Partner! 1: 19th century printing partner of Nathaniel Currier. Ives. 2: After his partner's death in 1809, he partnered with Nicholas Biddle to complete the expedition report. (William) Clark. 3: Born in 1895, this lyricist partnered with composers Friml, Romberg, Kern and Rodgers. Hammerstein. 4: He partnered with Edward Williams in 1866 to "Cover the Earth" with paint. Sherwin. 5: In 1673, he and his exploring partner Joliet became the first Europeans to visit the area of Chicago. Marquette. Thanks for listening! Come back tomorrow for more exciting trivia! Special thanks to https://blog.feedspot.com/trivia_podcasts/
On this episode of Democracy Sausage, Nicholas Biddle and Intifar Chowdhury join Mark Kenny to discuss what was important to Australian voters at the recent federal election.How did voters' priorities change throughout the election campaign? Did the COVID-19 pandemic lead to a rise in electoral empathy? And do younger Australians think about their vote differently to older age groups? Associate Director of the ANU Centre for Social Research and Methods Nicholas Biddle and PhD Candidate at the School of Politics and International Relations Intifar Chowdhury join Professor Mark Kenny to discuss these questions and more based on the findings of a new ANUpoll/Comparative Study of Electoral Systems survey.Intifar Chowdhury is an Associate Lecturer at the ANU School of Politics and International Relations. Her research focuses on young people and aversion towards democratic participation.Nicholas Biddle is Associate Director of the Centre for Social Research at ANU. He previously held a Senior Research Officer and Assistant Director position in the Methodology Division of the Australian Bureau of Statistics.Mark Kenny is a Professor at ANU Australian Studies Institute. He came to the university after a high-profile journalistic career including six years as chief political correspondent and national affairs editor for The Sydney Morning Herald, The Age, and The Canberra Times.Democracy Sausage with Mark Kenny is available on Apple Podcasts, Spotify, Google Podcasts, or wherever you get your podcasts. We'd love to hear your feedback for this podcast series! Send in your questions, comments, or suggestions for future episodes to podcast@policyforum.net. You can also Tweet us @APPSPolicyForum or join us on the Facebook group.This podcast is produced in partnership with The Australian National University. See acast.com/privacy for privacy and opt-out information.
In this live Democracy Sausage and Policy Forum Pod crossover episode, Nicholas Biddle joins Sharon Bessell, Arnagretta Hunter and Mark Kenny to talk about what issues matter to voters and why good policy so often gets lost in translation in Australia's political system.How can political candidates and policymakers address long term, intergenerational issues like climate change? What do voters mean when they report being concerned about cost of living? And what might it mean for the legislature if Australians voted in a significant number of independents and members of minor parties at this federal election? Associate Director of The Australian National University (ANU) Centre for Social Research and Methods Professor Nicholas Biddle joins Professor Sharon Bessell, Dr Arnagretta Hunter and Professor Mark Kenny for this special live election crossover episode.Nicholas Biddle is Associate Director of the Centre for Social Research at ANU. He previously held a Senior Research Officer and Assistant Director position in the Methodology Division of the Australian Bureau of Statistics.Sharon Bessell is Professor of Public Policy and Director of both the Children's Policy Centre and the Poverty and Inequality Research Centre at ANU Crawford School of Public Policy.Arnagretta Hunter is the Human Futures Fellow at ANU College of Health and Medicine, a cardiologist, physician, and a Senior Clinical Lecturer at ANU Medical School.Mark Kenny is a Professor in the ANU Australian Studies Institute. He came to the university after a high-profile journalistic career including six years as chief political correspondent and national affairs editor for The Sydney Morning Herald, The Age, and The Canberra Times.Democracy Sausage with Mark Kenny is available on Acast, Apple Podcasts, Spotify, Google Podcasts, or wherever you get your podcasts. We'd love to hear your feedback for this podcast series! Send in your questions, comments, or suggestions for future episodes to podcast@policyforum.net. You can also Tweet us @APPSPolicyForum or join us on the Facebook group. This podcast is produced in partnership with The Australian National University. See acast.com/privacy for privacy and opt-out information.
In this live Democracy Sausage and Policy Forum Pod crossover episode, Nicholas Biddle joins Sharon Bessell, Arnagretta Hunter and Mark Kenny to talk about what issues matter to voters and why good policy so often gets lost in translation in Australia's political system.How can political candidates and policymakers address long term, intergenerational issues like climate change? What do voters mean when they report being concerned about cost of living? And what might it mean for the legislature if Australians voted in a significant number of independents and members of minor parties at this federal election? Associate Director of The Australian National University (ANU) Centre for Social Research and Methods Professor Nicholas Biddle joins Professor Sharon Bessell, Dr Arnagretta Hunter and Professor Mark Kenny for this special live election crossover episode.Nicholas Biddle is Associate Director of the Centre for Social Research at ANU. He previously held a Senior Research Officer and Assistant Director position in the Methodology Division of the Australian Bureau of Statistics.Sharon Bessell is Professor of Public Policy and Director of both the Children's Policy Centre and the Poverty and Inequality Research Centre at ANU Crawford School of Public Policy.Arnagretta Hunter is the Human Futures Fellow at ANU College of Health and Medicine, a cardiologist, physician, and a Senior Clinical Lecturer at ANU Medical School.Mark Kenny is a Professor in the ANU Australian Studies Institute. He came to the university after a high-profile journalistic career including six years as chief political correspondent and national affairs editor for The Sydney Morning Herald, The Age, and The Canberra Times.Policy Forum Pod is available on Acast, Apple Podcasts, Spotify, Stitcher, Subscribe on Android or wherever you get your podcasts. We'd love to hear your feedback for this podcast series! Send in your questions, comments, or suggestions for future episodes to podcast@policyforum.net. You can also Tweet us @APPSPolicyForum or join us on the Facebook group. See acast.com/privacy for privacy and opt-out information.
General Andrew Jackson, fresh off the election of 1828, assumes the office of the presidency, armed with a battle plan to bring down the institutions he blames for the corruption of the republic: America's National Bank. In this episode of Liberty vs. Power, Dr. Patrick Newman and Tho Bishop look at the Jacksonians' embrace of executive power and their battle against Nicholas Biddle of the Second Bank of the United States. Recommended Reading "Bureaucracy and the Civil Service in the United States" by Murray Rothbard — Mises.org/LP9_A "The War on Cash: Old and New" by Louis Rouanet — Mises.org/LP9_B A Short History of Paper Money and Banking in the United States by William Gouge — Mises.org/LP9_C The Jacksonian Persuasion: Politics and Belief by Marvin Meyers — Mises.org/LP9_D Cronyism: Liberty versus Power in Early America, 1607–1849 by Patrick Newman — Mises.org/LP_Crony To subscribe to the Liberty vs. Power Podcast on your favorite platform, visit Mises.org/LvP.
General Andrew Jackson, fresh off the election of 1828, assumes the office of the presidency, armed with a battle plan to bring down the institutions he blames for the corruption of the republic: America's National Bank. In this episode of Liberty vs. Power, Dr. Patrick Newman and Tho Bishop look at the Jacksonians' embrace of executive power and their battle against Nicholas Biddle of the Second Bank of the United States. Recommended Reading "Bureaucracy and the Civil Service in the United States" by Murray Rothbard — Mises.org/LP9_A "The War on Cash: Old and New" by Louis Rouanet — Mises.org/LP9_B A Short History of Paper Money and Banking in the United States by William Gouge — Mises.org/LP9_C The Jacksonian Persuasion: Politics and Belief by Marvin Meyers — Mises.org/LP9_D Cronyism: Liberty versus Power in Early America, 1607–1849 by Patrick Newman — Mises.org/LP_Crony To subscribe to the Liberty vs. Power Podcast on your favorite platform, visit Mises.org/LvP.
General Andrew Jackson, fresh off the election of 1828, assumes the office of the presidency, armed with a battle plan to bring down the institutions he blames for the corruption of the republic: America's National Bank. In this episode of Liberty vs. Power, Dr. Patrick Newman and Tho Bishop look at the Jacksonians' embrace of executive power and their battle against Nicholas Biddle of the Second Bank of the United States. Recommended Reading "Bureaucracy and the Civil Service in the United States" by Murray Rothbard — Mises.org/LP9_A "The War on Cash: Old and New" by Louis Rouanet — Mises.org/LP9_B A Short History of Paper Money and Banking in the United States by William Gouge — Mises.org/LP9_C The Jacksonian Persuasion: Politics and Belief by Marvin Meyers — Mises.org/LP9_D Cronyism: Liberty versus Power in Early America, 1607–1849 by Patrick Newman — Mises.org/LP_Crony To subscribe to the Liberty vs. Power Podcast on your favorite platform, visit Mises.org/LvP.
Patrick Newman is a fellow at the Mises Institute who have just published his new book. He talks about Rothbard's approach to history, whether the US revolution was libertarian, and the proper way to interpret Andrew Jackson. Mentioned in the Episode and Other Links of Interest: Patrick Newman's new book Cronyism: Liberty vs. Power in Early America, 1607-1849Patrick's previous appearance on ep. 49 of the Bob Murphy ShowDan Sanchez's article on Andrew Jackson's fight with Nicholas Biddle over the Second Bank of the United StatesBob's review of MMT (including Andrew Jackson's payoff of the federal debt)The YouTube version of this interview For more information, see BobMurphyShow.com. The Bob Murphy Show is also available on Apple Podcasts, Google Podcasts, Stitcher, Spotify, and via RSS.
Patrick Newman is a fellow at the Mises Institute who have just published his new book. He talks about Rothbard's approach to history, whether the US revolution was libertarian, and the proper way to interpret Andrew Jackson. Mentioned in the Episode and Other Links of Interest: Patrick Newman's new book Cronyism: Liberty vs. Power in Early America, 1607-1849Patrick's previous appearance on ep. 49 of the Bob Murphy ShowDan Sanchez's article on Andrew Jackson's fight with Nicholas Biddle over the Second Bank of the United StatesBob's review of MMT (including Andrew Jackson's payoff of the federal debt)The YouTube version of this interview For more information, see BobMurphyShow.com. The Bob Murphy Show is also available on Apple Podcasts, Google Podcasts, Stitcher, Spotify, and via RSS.
Patrick Newman is a fellow at the Mises Institute who have just published his new book. He talks about Rothbard's approach to history, whether the US revolution was libertarian, and the proper way to interpret Andrew Jackson. Mentioned in the Episode and Other Links of Interest: The https://www.youtube.com/watch?v=b2FEAvfdB7U (YouTube version) of this interview. Patrick Newman's new book https://mises.org/library/cronyism-liberty-versus-power-early-america-1607-1849 (Cronyism: Liberty vs. Power in Early America, 1607-1849.) Patrick's previous appearance on https://www.bobmurphyshow.com/episodes/ep-49-patrick-newman-cracks-the-code-to-publish-a-new-rothbard-manuscript/ (ep. 49) of the Bob Murphy Show. Dan Sanchez's https://mises.org/library/19th-century-bernanke-0 (article on Andrew Jackson's fight) with Nicholas Biddle over the Second Bank of the United States. https://qjae.scholasticahq.com/article/17385-book-review-the-deficit-myth-modern-monetary-theory-and-the-birth-of-the-people-s-economy (Bob's review of MMT) (including Andrew Jackson's payoff of the federal debt). http://bobmurphyshow.com/contribute (Help support) the Bob Murphy Show. The audio production for this episode was provided by http://podsworth.com/ (Podsworth Media).
The first half of the 19th century was an era of upheaval. The United States nearly lost the War of 1812. Partisanship became endemic during violent clashes regarding States' Rights and the abolition of slavery. The battle between Andrew Jackson and Nicholas Biddle over the Second Bank of the United States epitomized a nation in turmoil: Biddle, the erudite aristocrat versus Jackson, the plain-spoken warrior. The conflict altered America's political arena. In 1832, President Andrew Jackson vowed to kill the Central Bank, setting in motion the infamous Bank War that almost bankrupted the nation. Under Biddle's guidance, the Second Bank of the United States had become the most stable financial institution in the world. Biddle fought Jackson with tenacity and vigor; so did members of Congress not under the sway of “Old Hickory.” Jackson accused Biddle of treason; Biddle declared that the president promoted anarchy. The fight riveted the nation. The United States is experiencing a reappearance of deep schisms within our population. They hearken back to the earliest debates about the federal government's role regarding fiduciary responsibility and social welfare. The ideological descendants of Nicholas Biddle and Andrew Jackson are as polarized today as they were during the nineteenth century. Cordelia Frances Biddle is an author with a passion for history. Her nonfiction work "Saint Katharine: The Life of Katharine Drexel" explores the transformation of a Philadelphia heiress into a champion for social justice, while her novels (The Actress without Fear, Beneath the Wind, etc.) draw upon history to tell captivating fictional stories.
The first half of the 19th century was an era of upheaval. The United States nearly lost the War of 1812. Partisanship became endemic during violent clashes regarding States' Rights and the abolition of slavery. The battle between Andrew Jackson and Nicholas Biddle over the Second Bank of the United States epitomized a nation in turmoil: Biddle, the erudite aristocrat versus Jackson, the plain-spoken warrior. The conflict altered America's political arena. In 1832, President Andrew Jackson vowed to kill the Central Bank, setting in motion the infamous Bank War that almost bankrupted the nation. Under Biddle's guidance, the Second Bank of the United States had become the most stable financial institution in the world. Biddle fought Jackson with tenacity and vigor; so did members of Congress not under the sway of “Old Hickory.” Jackson accused Biddle of treason; Biddle declared that the president promoted anarchy. The fight riveted the nation. The United States is experiencing a reappearance of deep schisms within our population. They hearken back to the earliest debates about the federal government's role regarding fiduciary responsibility and social welfare. The ideological descendants of Nicholas Biddle and Andrew Jackson are as polarized today as they were during the nineteenth century. With this book, author Cordelia Frances Biddle documents the epic fight between Nicholas Biddle and Andrew Jackson over the fate of the Second Bank of the United States, shedding new light with previously undiscovered documents while bringing the story to life in a compelling biography of political intrigue.
There is a saying that money makes the world go round. But Jacob Goldstein, journalist, author, and co-host of NPR's Planet Money, suggests that money only works when we all believe in it. In this episode, he talks about his book, Money: The Story Of A Made-Up Thing. Jacob explains how money became a helpful fiction that shaped societies for thousands of years. Listen from the beginning till the end to learn about how world leaders and fringe thinkers have changed our perceptions about money. Goldstein and host Greg La Blanc touch on stories about the Lehman Brothers and the 2008 Economic Collapse, Irving Fisher, Nicholas Biddle, and John Law —a professional gambler and convicted murderer who brought modern money to France— eventually destroying the country's economy. He shares an interesting parallel on Isaac Le Maire and the Game Stop fiasco.Listen to his exciting thoughts on digital money —cypherpunks, a group of radical libertarian computer programmers, paved the way for bitcoin. Finally, listen to his story about the history and theory of light, how it affects money planning and productivity.Episode Quotes:What do you think about the U.S. becoming a goldsmith to the world and enjoying the profits of the money-making?Literally, we sell pieces of paper to people for a hundred dollars. Like it's a good business. The fact that the dollar is the reserve currency for the world, it's the money everybody wants. It means everybody wants to buy our treasury bonds. Everybody wants dollars, essentially. It's the tailwind that we have for the economy […] Like nobody's going to want anything else. I mean, they're not going to want Euros anytime soon. And the other obvious one would be the Yuan, right? The Chinese currency, the Renminbi. But, China has pretty significant capital controls, making it hard to move money freely in and out of China.Talk about the idea of digital cash as you described in your book. Is paper money vanishing, and how did the Coronavirus affect the movement of paper money? Digital currency, to a significant degree, happened so that they could do what people have done for a long time with paper money —which is to move it around without anybody knowing about it. Right? So whether the crime is just tax evasion or moving drug money, paper money is really good. One of the things that happened after the book came out, as California was going into lockdown; there was this series of DEA raids in the spring last year, where they seized millions and millions of dollars. Just because the drug dealers suddenly couldn't launder them. What do you think the next source of instability will be?The spreads between high-risk debt and safe debt were relatively small, which is a classic sign of the credit boom going on and on. So, that's sort of a traditional thing, making an economic downturn worse. Although not necessarily a financial crisis, right? The financial crisis classically comes from runnable debt. So, is there somebody out there besides money market mutual funds, which we know about, who is taking something like deposits? Letting people borrow short and lend long? Like the classic bank behavior where people come and ask for their money back. Whoever. Is it the FinTech, the intermediator saying, “Oh, sorry, I don't have your money”? That is the financial crisis moment. And so, I don't know who's the next sort of financial intermediary creating some money like deposit. I don't know who that is.Show LinksGuest ProfileJacob Goldstein at NPR and Planet MoneyJacob Goldstein on LinkedInJacob Goldstein on TwitterHis WorkMoney: The True Story of a Made-Up ThingNPR EpisodesTexas Public Radio
On this episode of Policy Forum Pod, aged care expert Diane Gibson and social researcher Nicholas Biddle join us to discuss the impact of the Royal Commission into Aged Care Quality and Safety and whether governments are on the right track to make the changes the sector desperately needs.Some of the most devastating images to come out of Australia during the COVID-19 pandemic so far have emerged from aged care facilities. Unfortunately, the situation Australia has watched unfold in aged care during the pandemic is just another in a series of tragedies that have beset the system. While the federal government announced a nearly $18 billion package in the recent budget, will this lead to transformational change? On this episode of Policy Forum Pod, Professor Diane Gibson from the University of Canberra and Professor Nicholas Biddle from The Australian National University join Professor Sharon Bessell and Dr Arnagretta Hunter to talk about policy solutions to Australia's aged care crisis.Diane Gibson is Distinguished Professor (Health and Ageing) at University of Canberra and Chair of the ACT Ministerial Advisory Council on Ageing.Nicholas Biddle is Associate Director of the Centre for Social Research at ANU. He previously held a Senior Research Officer and Assistant Director position in the Methodology Division of the Australian Bureau of Statistics.Sharon Bessell is Professor of Public Policy and Director of Gender Equity and Diversity at Crawford School of Public Policy at ANU.Arnagretta Hunter is a cardiologist, physician, and a Senior Clinical Lecturer for ANU Medical School.Policy Forum Pod is available on Acast, Apple Podcasts, Spotify, Stitcher, Subscribe on Android or wherever you get your podcasts. We'd love to hear your feedback for this podcast series! Send in your questions, comments, or suggestions for future episodes to podcast@policyforum.net. You can also Tweet us @APPSPolicyForum or join us on the Facebook group. See acast.com/privacy for privacy and opt-out information.
Paul Kahan is a historian and the author of the books Eastern State Penitentiary: A History, The Bank War: Andrew Jackson, Nicholas Biddle and the Fight for American Finance and Amiable Scoundrel: Simon Cameron, Lincoln's Scandalous Secretary of War among others. He joins Billy via Zoom to talk about the history of one of America's earliest and most notorious prisons, the fascinating aspects (believe it or not) of President James Buchanan and the magic of Pennsylvania. It's a spirited conversation with lots of good ol' American history. It's healthy for brains of all ages and weights.
Welcome to the Instant Trivia podcast episode 72, where we ask the best trivia on the Internet. Round 1. Category: All In The Celebrity Family 1: Elizabeth, Jake, Trent, Ashley, Taylor, Mary-Kate. Olsen. 2: Serena and Venus-- and don't forget Papa Richard. Williams. 3: Ben and Casey. Affleck. 4: Christian and Kirsten. the Dunsts. 5: Christian, Rory, Kieran, Quinn, Shane, Dakota and Macaulay. the Culkins. Round 2. Category: U.s. History: The Early 1800S 1: In the Missouri Compromise, Massachusetts gave up its northern territory to form this state. Maine. 2: Controversial "bank" led by Nicholas Biddle from 1823 to 1836. the Bank of the United States. 3: At Madison's request, Congress declared war on the U.K. on June 18 of this year. 1812. 4: Denmark Vesey, brought to Charleston in 1783, planned one of the USA's first of these types of revolt in 1822. a slave revolt. 5: Completed in 1825, this New York waterway cost more than $7 million to build. the Erie Canal. Round 3. Category: Drawing A Crowd 1: This Columbus school normally has crowds of about 35,000 at its spring commencement. The Ohio State University. 2: In Madrid you can join 22,000 other people at Plaza de Toros Monumental for this beastly sporting event. bullfighting. 3: On March 5, 1770 British troops fired into a crowd in this city, killing 5. Boston. 4: This 3-letter term refers to a crowd bent on violence, or organized crime. mob. 5: A figure is set on fire as part of this annual event that now draws 25,000 people to the Nevada desert. Burning Man Festival. Round 4. Category: Asian History 1: The tomb of Hongwu, the first emperor of this famous dynasty, is in Nanjing, China. the Ming. 2: In the 17th c. this country's East India Company took over the Moluccas and controlled the world clove trade. the Netherlands. 3: This empire got its name from Osman I, who founded it around 1300. the Ottoman Empire. 4: This country's Saud dynasty dates back to the mid-1400s. Saudi Arabia. 5: In 1975, after a long siege, Pol Pot and the Khmer Rouge entered this capital and overthrew prime minister Lon Nol. Phnom Penh. Round 5. Category: Tv's Supporting Actors 1: (Hi, I'm Gordon Clapp of "NYPD Blue") I won the 1998 Emmy for Best Supporting Actor in a Drama Series for playing this character. Greg Medavoy. 2: The first 3 Supporting Actor Emmys went to this man, Jackie Gleason's comic foil. Art Carney. 3: Her long-running variety show featured supporting actors Tim Conway and Harvey Korman. Carol Burnett. 4: In 1986 John Malkovich played Biff Loman in a CBS production of this play. "Death of a Salesman". 5: On "The Waltons", Will Geer played Zeb, whom all the kids called this. Grandpa. Thanks for listening! Come back tomorrow for more exciting trivia!
While most Australians are willing to get a jab when the COVID-19 vaccine rollout starts on Monday, a small but growing number of people say they are not.
Our sub-series Beyond the Blue and gray is where we discuss the histories, uniforms, traditions, and culture of the unique companies and regiments of the war. Today we’ll be looking at the First Defenders. The men who saved Washington in those Early days of the war. And we will be looking at Nicholas Biddle, an African American who is said to be the first man to shed blood for the Union. Joining me is renowned Park Ranger John Hoptak who has written a fantastic book in these brave men. Learn more about Hoptak at his blog: https://48thpennsylvania.blogspot.com/ Support the show:(The podcast receives monetary compensation from these options.)Use the code untoldcivilwar when downloading the smartphone app, Gettysburg: A Nation Divided.Instructions in the link below:https://www.youtube.com/watch?v=HmMJ2SuTMZsAlready downloaded the app? Check out Gentleman’s Box! Get all the tools you need as a gentleman delivered to your door! From cuff links, to cologne, to fitness gear, they have it all!http://imp.i121497.net/KaPv7You can also support us by using Instacart! Hauling groceries can be a thing of the past! Have all your groceries delivered to your doorstep. Use the link below to start an account and you will be supporting this show at no extra cost to you!https://instacart.oloiyb.net/PPVYzCheck us out on Facebook, Instagram, and YouTube:https://www.facebook.com/untoldcivilwar/ https://www.instagram.com/untold_civil_war/ https://www.youtube.com/channel/UCMMWxeF5zojtN8_NeWtyULw?view_as=subscriber
The Continental Navy struggles to find a useful role in the war effort. Congress cahiers the navy's commander Esek Hopkins, and does not replace him. The navy carries John Adams to France to begin his diplomatic career. Captain Nicolas Biddle of the Randolph does battle with the British warship, Yarmouth. Visit my site at https://blog.AmRevPodcast.com for more text, pictures, maps, and sources on this topic. Book Recommendation of the Week: Captain Dauntless: The Story of Nicholas Biddle of the Continental Navy, by William Bell Clark. Online Recommendation of the Week: (eBook) A Naval History of the American Revolution, Vol.I, by Garner Allen: https://archive.org/details/ANavalHistoryOfTheAmericanRevolutionVol.i Follow the podcast on Twitter @AmRevPodcast Join the Facebook group, American Revolution Podcast: https://www.facebook.com/groups/132651894048271 Enter our raffle by joining the podcast mail list: https://mailchi.mp/d3445a9cd244/american-revolution-podcast-by-michael-troy Support this podcast on Patreon or via PayPal. Find more books at https://bookshop.org/shop/arp
The Continental Navy struggles to find a useful role in the war effort. Congress cahiers the navy's commander Esek Hopkins, and does not replace him. The navy carries John Adams to France to begin his diplomatic career. Captain Nicolas Biddle of the Randolph does battle with the British warship, Yarmouth. Visit my site at https://blog.AmRevPodcast.com for more text, pictures, maps, and sources on this topic. Book Recommendation of the Week: Captain Dauntless: The Story of Nicholas Biddle of the Continental Navy, by William Bell Clark. Online Recommendation of the Week: (eBook) A Naval History of the American Revolution, Vol.I, by Garner Allen: https://archive.org/details/ANavalHistoryOfTheAmericanRevolutionVol.i Follow the podcast on Twitter @AmRevPodcast Join the Facebook group, American Revolution Podcast: https://www.facebook.com/groups/132651894048271 Enter our raffle by joining the podcast mail list: https://mailchi.mp/d3445a9cd244/american-revolution-podcast-by-michael-troy Support this podcast on Patreon or via PayPal. Find more books at https://bookshop.org/shop/arp
Closed in 1971, Philadelphia’s Eastern State Penitentiary is considered by many to be one of the most haunted places in the country. It’s been featured on multiple television shows and is visited by dozens of paranormal researchers each year. There are multiple stories of paranormal-like experiences corroborated by visitors, inmates, guards, and workers for decades. On today’s show, we’re joined by former prison tour guide, and author Dr. Paul Kahan to take us through the history of the prison and its propensity for eerie occurrences. He’s the author of a number of books, including Eastern State Penitentiary: A History and The Bank War: Andrew Jackson, Nicholas Biddle, and the Fight for American Finance. He earned his Ph.D. in history from Temple University and is currently working on a narrative history of Philadelphia due out in 2022. Find out more about Dr. Kahan and his work at www.paulkahan.com.
Episode 124: Nicholas Biddle and Henry Clay decide to challenge Andrew's Jackson's desire to do away with the bank...and they lose. --------- Please be sure to subscribe and tell your friends! Leave us a review on iTunes and reach out to us on social media! Twitter: @ateachershist Facebook: A Teacher's History of the United States Podcast: https://www.facebook.com/ateachershist/ Website: www.ateachershistory.com Artwork by Christopher Piret
(https://www.bobmurphyshow.com/wp-content/uploads/2019/10/peterson-joker.png) Dan Sanchez discusses his provocative article for FEE, in which he explained how Jordan Peterson’s message could help the Joker deal with the genuine suffering in his life without turning to destructive outlets. Although seemingly fanciful, the conversation touches on very weighty matters that are of the utmost relevance in today’s charged political climate. . Mentioned in the Episode and Other Links of Interest: The video of this interview available here (https://youtu.be/MjqEGXwAc64) . Dan Sanchez’s FEE article (https://fee.org/articles/if-joker-met-jordan-peterson/) , “If Joker Met Jordan Peterson.” Dan Sanchez on Nicholas Biddle vs. Andrew Jackson (https://mises.org/library/19th-century-bernanke-0) . Jordan Peterson on being a concentration camp guard (https://www.youtube.com/watch?v=w74EuWtxNTc) . Jordan Peterson on the Psychology of the Flood (https://www.jordanbpeterson.com/podcast/episode-24/) (in the Bible). Abridged version of The Gulag Archipelago (https://www.amazon.com/gp/product/0061253804/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=consultingbyr-20&creative=9325&linkCode=as2&creativeASIN=0061253804&linkId=f517defc5ea189270e8123424ac4be35) . #CommissionsEarned (As an Amazon Associate I earn from qualifying purchases.) How you can contribute (http://bobmurphyshow.com/contribute) to the Bob Murphy Show. The audio production for this episode was provided by Podsworth Media (https://www.podsworth.com/) .
On this Democracy Sausage, we find out what the recent ANU poll tells us about why Australia voted for the Coalition’s solo act over Labor’s symphony of policies, run the numbers on the Australian economy, and ask whether Boris Johnson has any Brexit bite to go with the bluster. Mark Kenny and our panel – Nicholas Biddle, Quentin Grafton, and Julia Ahrens – also take a look at the rise of the right in Germany, answer some of your questions and comments, and Mark shares his tweet of the week. Mark Kenny is a Senior Fellow in the ANU Australian Studies Institute. He came to the university after a high-profile journalistic career including six years as chief political correspondent and national affairs editor for The Sydney Morning Herald, The Age, and The Canberra Times. Nicholas Biddle is an Associate Professor and Associate Director of the Centre for Social Research at ANU. He previously held a Senior Research Officer and Assistant Director position in the Methodology Division of the Australian Bureau of Statistics. Quentin Grafton is Professor of Economics at Crawford School, an ANU Public Policy Fellow, and Director of the Centre for Water Economics, Environment and Policy. He is also Editor-in-Chief of Policy Forum. Julia Ahrens is a presenter on Policy Forum Pod. Democracy Sausage with Mark Kenny is available on Apple podcasts, Spotify, Google Podcasts, or wherever you get your podcasts. We’d love to hear your feedback for this podcast series! Send in your questions, comments, or suggestions for future episodes to podcast@policyforum.net. You can also Tweet us @APPSPolicyForum or join us on the Facebook group. This podcast is published in partnership with The Australian National University. See acast.com/privacy for privacy and opt-out information.
President Andrew Jackson's conflict with the Second Bank of the United States was one of the most consequential political struggles in the early nineteenth century. A fight over the bank's reauthorization, the Bank War, provoked fundamental disagreements over the role of money in politics, competing constitutional interpretations, equal opportunity in the face of a state-sanctioned monopoly, and the importance of financial regulation—all of which cemented emerging differences between Jacksonian Democrats and Whigs. As Stephen W. Campbell argues here, both sides in the Bank War engaged interregional communications networks funded by public and private money. The first reappraisal of this political turning point in US history in almost fifty years, The Bank War and the Partisan Press advances a new interpretation by focusing on the funding and dissemination of the party press.Drawing on insights from the fields of political history, the history of journalism, and financial history, The Bank War and the Partisan Press brings to light a revolving cast of newspaper editors, financiers, and postal workers who appropriated the financial resources of preexisting political institutions—and even created new ones—to enrich themselves and further their careers. The bank propagated favorable media and tracked public opinion through its system of branch offices while the Jacksonians did the same by harnessing the patronage networks of the Post Office. Campbell's work contextualizes the Bank War within larger political and economic developments at the national and international levels. Its focus on the newspaper business documents the transition from a seemingly simple question of renewing the bank's charter to a multisided, nationwide sensation that sorted the US public into ideologically polarized political parties. In doing so, The Bank War and the Partisan Press shows how the conflict played out on the ground level in various states—in riots, duels, raucous public meetings, politically orchestrated bank runs, arson, and assassination attempts. The resulting narrative moves beyond the traditional boxing match between Jackson and bank president Nicholas Biddle, balancing political institutions with individual actors, and business practices with party attitudes.-Stephen W. Campbell is a lecturer in the History Department at Cal Poly Pomona. He is the author of The Bank War and the Partisan Press: Newspapers, Financial Institutions, and the Post Office in Jacksonian America. You can follow him on Twitter, @Historian_Steve.---Support for the Age of Jackson Podcast was provided by Isabelle Laskari, Jared Riddick, John Muller, Julianne Johnson, Laura Lochner, Mark Etherton, Marshall Steinbaum, Martha S. Jones, Michael Gorodiloff, Mitchell Oxford, Richard D. Brown, Rod, Rosa, Stephen Campbell, and Victoria Johnson, Alice Burton, as well as Andrew Jackson's Hermitage in Nashville, TN.
Jun 17, 2019 - We welcome a familiar passenger back our time machine. It's Dr. Paul Kahan, who we last chatted with about his book Amiable Scoundrel: Simon Cameron, Lincoln's Scandalous Secretary of War. Prior to that, he entertained and enlightened us with The Bank War: Andrew Jackson, Nicholas Biddle, and the Fight for American Finance. We put together a video trailer for that book, to share some of the illustrations and political cartoons of the time. Dr. Kahan holds a Ph.D. in U.S. history from Temple University, an M.A. in Modern American History & Literature, and B.A.s in history and English. He’s also the author of two books on Philadelphia’s Eastern State Penitentiary, as well as The Homestead Strike: Labor, Violence, and American History Critical Moments in American Industry . You can learn more about today's guest at PaulKahan.com, or follow him on Twitter @Paul_Kahan.
In The Bank War: Andrew Jackson, Nicholas Biddle, and the Fight for American Finance, historian Paul Kahan explores one of the most important and dramatic events in American political and economic history, from the idea of centralized banking and the First Bank of the United States to Jackson's triumph, the era of "free banking," and the creation of the Federal Reserve System. Relying on a range of primary and secondary source material, the book also shows how the Bank War was a manifestation of the debates that were sparked at the Constitutional Convention--the role of the executive branch and the role of the federal government in American society--debates that endure to this day as philosophical differences that often divide the United States.Paul Kahan earned his Ph.D. in history from Temple University in 2009. He has written numerous books, including Eastern State Penitentiary: A History and The Homestead Strike: Labor, Violence, and American Industry. For more information, visit his website at paulkahan.com. You can also follow him on Twitter (@paul_kahan) and "like" him on Facebook (facebook.com/pkahan/).
Guests Tim Kipp, retired history teacher and activist since the 1960's and Nicholas Biddle, retired history professor and activist join hosts Nina and Anna to discuss the connections between domestic gun violence, global arms trade and imperialism.
On the November 29, 2016 Boomer Generation Radio, the guest is Cornelia Biddle, author and descendant of Francis Martin Drexel, grandfather of Saint Katharine Drexel. She is currently writing about her ancestor Nicholas Biddle, president of the Second Bank of the United States.
On the November 29, 2016 Boomer Generation Radio, the guest is Cornelia Biddle, author and descendant of Francis Martin Drexel, grandfather of Saint Katharine Drexel. She is currently writing about her ancestor Nicholas Biddle, president of the Second Bank of the United States. Boomer Generation Radio is sponsored in part by Kendal Corporation, a Quaker-based provider of continuing care retirement communities in the Northeast and Midwest, airs on WWDB-AM 860 every Tuesday at 10 a.m., and features news and conversation aimed at Baby Boomers and the issues facing them as members of what Rabbi Address calls “the club sandwich generation.” You can hear the show live on AM 860, or streamed live from the WWDB website. Subscribe to the RSS feed for Boomer Generation Radio podcasts, or subscribe to the RSS feed for all Jewish Sacred Aging podcasts . Subscribe to these podcasts in the Apple iTunes Music Store. The post Author and historian Cornelia Biddle, guest for the hour on 11/29/16 Boomer Generation Radio appeared first on Jewish Sacred Aging.
October 3, 2016 - This week, our time machine has a familiar face in the passenger seat. It's Paul Kahan, who joined us previously to discuss The Bank War: Andrew Jackson, Nicholas Biddle, and the Fight for American Finance. You can catch that interview at History Author.com or wherever you're listening now, and you enjoy the video we produced illustrating the political and journalistic changes occurring at the time of the Bank War. Paul joins us again to discuss his latest work, Amiable Scoundrel: Simon Cameron, Lincoln's Scandalous Secretary of War. From abject poverty to undisputed political boss of Pennsylvania -- no easy feat in the notoriously fractious Keystone State -- Simon Cameron served as senator, and ultimately Abraham Lincoln's Secretary of War as the nation tore itself apart over slavery, at the outset of the Civil War. You can visit this week's guest at PaulKahan.com, or follow him on Twitter @Paul_Kahan, and check out his subject at the The John Harris – Simon Cameron Mansion in Harrisburg, PA.
From abject poverty to undisputed political boss of Pennsylvania, Lincoln’s secretary of war, senator, chair of the Senate Foreign Relations Committee, and a founder of the Republican Party, Simon Cameron (1799–1889) was one of the nineteenth century’s most prominent political figures. The political changes of the early nineteenth century enabled him not only to improve his status but also to exert real political authority. The changes caused by the Civil War, in turn, allowed Cameron to consolidate his political authority into a successful, well-oiled political machine. A key figure in designing and implementing the Union’s military strategy during the Civil War’s crucial first year, Cameron played an essential role in pushing Abraham Lincoln to permit the enlistment of African Americans into the U.S. Army, a stance that eventually led to his forced resignation. Yet his legacy has languished, nearly forgotten save for the fact that his name has become shorthand for corruption, even though no evidence has ever been presented to prove that Cameron was corrupt. Paul Kahan is a lecturer at Ohlone College in Fremont, California. He is the author of “The Bank War: Andrew Jackson, Nicholas Biddle, and the Fight for American Finance” and “The Homestead Strike: Labor, Violence, and American Industry.”
In The Bank War: Andrew Jackson, Nicholas Biddle, and the Fight for American Finance, historian Paul Kahan explores one of the most important and dramatic events in American political and economic history, from the idea of centralized banking and the First Bank of the United States to Jackson’s triumph, the era of “free banking,” and the creation of the Federal Reserve System. Relying on a range of primary and secondary source material, the book also shows how the Bank War was a manifestation of the debates that were sparked at the Constitutional Convention—the role of the executive branch and the role of the federal government in American society—debates that endure to this day as philosophical differences that often divide the United States. Paul Kahan is a lecturer in history at Ohlone College in Fremont, California. He received his PhD in history from Temple University and is the author of Eastern State Penitentiary: A History, a national finalist for the American Association of State and Local History book award.
February 22, 2016 - This week, we sling-shot around the sun at high warp, sending us tumbling back in time to the Summer of 1832 -- and America, at war. It's not a conflict over land or of arms, but over the fiscal system of the young republic. Our guide on this journey is Paul Kahan, and his book is The Bank War: Andrew Jackson, Nicholas Biddle, and the Fight for American Finance. The fight against the Second Bank of the United States may have been the most frustrating fight of President Jackson's life, since -- for once -- he couldn't end things by simply shooting or threatening to shoot his opponent in the face. Dr. Kahan holds a Ph.D. in U.S. history from Temple University, an M.A. in Modern American History & Literature, and B.A.s in history and English. He's also the author of two books on Philadelphia's Eastern State Penitentiary, and another titled, The Homestead Strike: Labor, Violence, and American History Critical Moments in American Industry. You can visit him at PaulKahan.com, or follow him on Twitter @Paul_Kahan.
In this last part of my book report about "The Creature from Jekyll Island", we begin with the battle between President Andrew Jackson and Nicholas Biddle, the director of the Second Bank of the United States. For a third time, an attempt at securing a central bank in this country was thwarted. It is an exciting tale, but the consequences of this clash still haunt us today. The central bank may have been defeated, but banking was still very much alive. Before the Civil War began, there were many European money masters who were actively attempting to break up the United States and weaken her position on the global economic stage. President Lincoln's primary goal was to preserve the Union, contrary to popular history. By printing Greenbacks, he in effect suspended the Constitution and placed the government into the business of banking. After the smoke had cleared from the battlefields, the U.S. suffered the bloodiest war in history, but the economic turmoil was just beginning. 50 years later, the Federal Reserve system was put into place and the world changed forever.
Inauguration The Mob Not Elite “Farmer Presdident” First president not from East Coast Elite Friend of the Ordinary Citizen Strict constructionist Self made man Respect for God’s word Kitchen cabinet. Concerns over a Central Bank Rechartered in 1816 Had great influence over other banks No constitutional checks and balances. Jackson insisted the idea of national bank violated the Constitution & free enterprise system. Original purpose of national bank was to keep nations money stable and on the gold standard. Western banks had to borrow at hight rates - people demanded Jackson do something. Sold stock to investor (many british) Jackson warned against foreign control Jackson vs. Nicholas Biddle Branch offices National bank lent to congressmen in exchange for favors Jackson vetoes Bank Charter Bill in 1832 Withdrew nations money from National Bank Biddle called in private loans causing the Panic of 1837 Tried to blame that on Jackson National bank lost charter - Biddle lost power. Land Speculators Borrowing money, buy land sell for higher price (Gov selling land) Western banks, paper money not backed by gold. Inflation making it near impossible for common man to buy land. Specie Circular All public lands be paid for in gold and silver. Temporary financial panic but long term stabalization. During two terms 1) Championed sound money backed by gold 2) Did away with a strong central bank that controlled the nations money supply.