American Beginnings, 1500–1900

As with any enterprise involving violence and lots of money, running a plantation in early British America was a serious and brutal enterprise. In the contentious Planters, Merchants, and Slaves, Burnard argues that white men did not choose to develop and maintain the plantation system out of virulent racism or sadism, but rather out of economic logic because-to speak bluntly-it worked. These economically successful and ethically monstrous plantations required racial divisions to exist, but their successes were measured in gold, rather than skin or blood. Sure to be controversial, this book is a major intervention in the scholarship on slavery, economic development, and political power in early British America, mounting a powerful and original argument that boldly challenges historical orthodoxy.

When we talk about the economy, "the market" is often just an abstraction. While the exchange of goods was historically tied to a particular place, capitalism has gradually eroded this connection to create our current global trading systems. In Trading Spaces, Emma Hart argues that Britain's colonization of North America was a key moment in the market's shift from place to idea, with major consequences for the character of the American economy. Hart's book takes in the shops, auction sites, wharves, taverns, fairs, and homes of seventeenth-and eighteenth-century America-places where new mechanisms and conventions of trade arose as Europeans re-created or adapted continental methods to new surroundings. Since those earlier conventions tended to rely on regulation more than their colonial offspring did, what emerged in early America was a less fettered brand of capitalism. By the nineteenth century this had evolved into a market economy that would not look too foreign to contemporary Americans. To tell this complex transnational story of how our markets came to be, Hart looks back farther than most historians of US capitalism, rooting these markets in the norms of seventeenth-and eighteenth-century Britain. Perhaps most important, this is not a story of specific commodity markets over time but rather is a history of the trading spaces themselves: the physical sites in which the grubby work of commerce occurred and where the market itself was born.

Early American Quakers have long been perceived as retiring separatists, but in Holy Nation Sarah Crabtree transforms our historical understanding of the sect by drawing on the sermons, diaries, and correspondence of Quakers themselves. Situating Quakerism within the larger intellectual and religious undercurrents of the Atlantic World, Crabtree shows how Quakers forged a paradoxical sense of their place in the world as militant warriors fighting for peace. She argues that during the turbulent Age of Revolution and Reaction, the Religious Society of Friends forged a "holy nation," a transnational community of like-minded believers committed first and foremost to divine law and to one another. Declaring themselves citizens of their own nation served to underscore the decidedly unholy nature of the nation-state, worldly governments, and profane laws. As a result, campaigns of persecution against the Friends escalated as those in power moved to declare Quakers aliens and traitors to their home countries. “Holy Nation” convincingly shows that ideals and actions were inseparable for the Society of Friends, yielding an account of Quakerism that is simultaneously a history of the faith and its adherents and a history of its confrontations with the wider world. Ultimately, Crabtree argues, the conflicts experienced between obligations of church and state that Quakers faced can illuminate similar contemporary struggles.

This study of 19th century commerce and federal oversight "reveals the importance of customs houses in the creation of the federal government" (Choice). In the wake of the American Revolution, the young nation found itself victorious, liberated, and in millions of dollars of debt. To address this founding financial crisis, the nascent federal government devised a system of taxes on imported goods and installed custom houses at the nation's ports to collect the fees. But, as the United States became dependent on this revenue, the import merchants gained outsized influence over the daily affairs of the custom houses. As the United States tried to police this commerce in the early nineteenth century, the merchants' stranglehold on custom house governance proved to be formidable. In National Duties, Gautham Rao makes the case that the early development of the federal government and the modern American state lie in these conflicts at government custom houses-specifically in the period between the American Revolution and the presidency of Andrew Jackson. Rao argues that the contours of the government emerged from the push-and-pull between these groups, with commercial interests gradually losing power to the administrative state, which only continued to grow and lives on today.

Two and a half centuries after the American Revolution the United States stands as one of the greatest powers on earth and the undoubted leader of the western hemisphere. This stupendous evolution was far from a foregone conclusion at independence. The conquest of the North American continent required violence, suffering, and bloodshed. It also required the creation of a national government strong enough to go to war against, and acquire territory from, its North American rivals. In “A Hercules in the Cradle”, Max M. Edling argues that the federal government's abilities to tax and to borrow money, developed in the early years of the republic, were critical to the young nation's ability to wage war and expand its territory. He traces the growth of this capacity from the time of the founding to the aftermath of the Civil War, including the funding of the War of 1812 and the Mexican War. Edling maintains that the Founding Fathers clearly understood the connection between public finance and power: a well-managed public debt was a key part of every modern state. Creating a debt would always be a delicate and contentious matter in the American context, however, and statesmen of all persuasions tried to pay down the national debt in times of peace. A Hercules in the Cradle explores the origin and evolution of American public finance and shows how the nation's rise to great-power status in the nineteenth century rested on its ability to go into debt.