An important reason to read history is to gain a perspective on current events. If you watch exclusively mainstream media television, particularly Fox News, you might be forgiven for the belief that things in this country are the worst they have ever been in history. “1877: America’s Year of Living Violently” by Michael Bellisiles is one effective antidote to that impression.The panic of 1873, when a post-Civil War speculative bubble burst, launched...
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