{"product_id":"cotton-kings-capitalism-and-corruption-in-turn-of-the-century-new-york-and-new-orleans-hardcover","title":"Cotton Kings: Capitalism and Corruption in Turn-Of-The-Century New York and New Orleans - Hardcover","description":"\u003cp\u003eby \u003cb\u003eBruce E. Baker\u003c\/b\u003e (Author), \u003cb\u003eBarbara Hahn\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cem\u003eThe Cotton Kings\u003c\/em\u003e relates a colorful economic drama with striking parallels to contemporary American economic debates. At the turn of the twentieth century, dishonest cotton brokers used bad information to lower prices on the futures market, impoverishing millions of farmers. To fight this corruption, a small group of brokers sought to control the price of cotton on unregulated exchanges in New York and New Orleans. They triumphed, cornering the world market in cotton and raising its price for years. However, the structural problems of self-regulation by market participants continued to threaten the cotton trade until eventually political pressure inspired federal regulation. In the form of the Cotton Futures Act of 1914, the federal government stamped out corruption on the exchanges, helping millions of farmers and textile manufacturers. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eCombining a gripping narrative with the controversial argument that markets work better when placed under federal regulation, \u003cem\u003eThe Cotton Kings\u003c\/em\u003e brings to light a rarely told story that speaks directly to contemporary conflicts between free markets and regulation.\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cstrong\u003eBruce E. Baker\u003c\/strong\u003e teaches at Newcastle University in England and is co-editor of the journal American Nineteenth Century History. His previous books include \u003cem\u003eWhat Reconstruction Meant: Historical Memory in the American South\u003c\/em\u003e, \u003cem\u003eThis Mob Will Surely Take My Life: Lynchings in the Carolinas, 1871-1947\u003c\/em\u003e, \u003cem\u003eAfter Slavery: Race, Labor, and Citizenship in the Reconstruction South\u003c\/em\u003e, and \u003cem\u003eThe South at Work: Observations from 1904. \u003cp\u003e\u003c\/p\u003eBarbara Hahn\u003c\/em\u003e is associate professor of history at Texas Tech University and associate editor of \u003cem\u003eTechnology and Culture\u003c\/em\u003e. She is the author of\u003cem\u003e Making Tobacco Bright: Creating an American Commodity, 1617-1937\u003c\/em\u003e.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 232\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.9 x 9.3 x 6.1 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e December 03, 2015\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":47454667178162,"sku":"9780190211653","price":41.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0770\/3891\/1666\/files\/3a9a9b064432ce8dc5aaa52988d34dc7.webp?v=1778857234","url":"https:\/\/box.dadyminds.org\/products\/cotton-kings-capitalism-and-corruption-in-turn-of-the-century-new-york-and-new-orleans-hardcover","provider":"DADYMINDS BOX","version":"1.0","type":"link"}