About the Book
A comprehensive summary of U.S. financial history, beginning with Alexander Hamilton’s 1790 programs and ending with the Federal Reserve’s battle with post-COVID inflation. Insights help investors recognize recurring patterns and make better investment and policy decisions.
- Discover the drivers of financial crises and how leaders respond.
- Spot the warning signs of speculative manias and asset bubbles.
- Learn about past episodes of inflation and the monetary policy errors that produced them.
- Discover the history of alternative asset classes and the signs of a late-stage cycle.
Formats
- Hardcover
- eBook
- Audiobook
Recognition
- NYC Big Book Awards
- American Book Fest Awards
- Axiom Business Book Awards
- Independent Author Network Awards
- MAIA Awards
Publisher
Greenleaf Book Group (2024)
“Were one transported back in time a quarter century to the height of the dot-com bubble, one could have cleaved the suckers from the survivors by asking them if they had read John Kenneth Galbraith’s The Great Crash 1929…To that canon add Mark Higgins’ Investing in U.S. Financial History.”
William J. Bernstein
Recipient of Economist’s Best Book of the Year
and CFA Institute’s James Vertin Award
Awards
New York City Big Book Award
2024
Finance Category
Axiom Business Book Award
2024
Personal Finance / Investing
American Book Fest Best Book Awards
2024
Business: Personal Finance / Investing
MAIA Book Awards
2024
Best Book Category
Endorsements
“There are a lot of books on U.S. economic history, but Mark has written his with the focus more on securities markets and linking their performance to the financial history of America. I think the world of investment has been waiting for this book for a long time.”
Russell Napier
Founder and Keeper of the Library of Mistakes“Were one transported back in time a quarter century to the height of the dot-com bubble, one could have cleaved the suckers from the survivors by asking them if they had read John Kenneth Galbraith’s The Great Crash 1929…To that canon add Mark Higgins’ Investing in U.S. Financial History.”
William J. Bernstein
Recipient of Economist’s Best Book of the Year and CFA Institute’s James Vertin Award“Higgins’s epic book offers invaluable context for forecasting the direction of the economy and the market . . . Even well-informed practitioners stand to gain new insights from Higgins’s painstaking research.”
Martin Fridson
CFA, CFA Institute“This is an incredibly deeply researched book…it’s examples of financial crashes through the ages are actually incredibly useful to us all – because the next one is never as far away as we think, and they often happen for the same reasons as in the past.”
Michael Gilmore
Co-Founder of the Money Awareness and Inclusion Awards (the MAIAs)”Investment consultant Higgins offers a sweeping overview of the American economy from the Founding Era through the present. Higgins has a talent for synthesizing macro-economic trends into a cogent narrative. Readers who stick it out will be glad they did.”
Publishers Weekly
“It is often said those who do not know history are most at risk of repeating its mistakes. Higgins’ commendable effort fills that void. Those with a healthy appetite for historical facts and insights shall find lots of aha!-moments, and fresh insights. At the very least, this read offers a better understanding of how we got here today and what tomorrow’s next financial crisis might look like.”
Rudi Filapek-Vandyck
FNArena (Australia)