You may have slept through the lesson your U.S. history class gave on the Panic of 1837, but it’s a prophetic subject given the stark similarities it shares with the Great Recession.

Author Scott Nelson discussed the Panic of 1837. He explained his arguments regarding the causes and legacy of this economic crisis.

The Panic of 1837. Author Scott Nelson discussed the Panic of 1837. He explained his arguments regarding the causes and legacy of this economic crisis.

The Panic of 1837, America’s worst financial crisis of the 19th century, shares sobering parallels with the financial crash of 2008, says Jessica Lepler, PhD’08. Like the more recent crisis, the 1837 ...

The Many Panics of 1837: People, Politics, and the Creation of a Transatlantic Financial Crisis, by Jessica M. Lepler, Cambridge University Press, 337 pages, $29.95 In May 1837, a major financial ...

There's a good body of evidence to support that conclusion. Andrew Jackson rid the nation of a central bank in 1836, which helped produce the Panic of 1837.

By 1837, the new president, Martin Van Buren (1782-1862), was faced with a national panic. Sarony’s original satirical “Treasury Note” had a central panel framed by panels on either side. In the ...