American Bonds

Book • 2021
Sarah L. Quinn's *American Bonds* provides a comprehensive historical account of how credit markets have been instrumental in shaping the United States.

The book examines the evolution of securitization and federal credit programs from the early post-Revolutionary years to the 1960s, highlighting credit's role as a tool of statecraft in managing social divides and promoting economic opportunities.

Quinn's work demonstrates how credit has been central to policymakers' strategies for growth and distribution, influencing America's social and economic landscape.

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David Backer
as scholarship showing how federal credit incentives influence state and local policy.
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Mary Childs
for its interdisciplinary approach to American history and finance.
Planet Money book club

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