Banks and Politics in America by Bray Hammond

"Banks and Politics in America" is a comprehensive historical analysis of the relationship between banking systems and politics in the United States. The book explores how the evolution of banking has shaped the nation's political and economic development from the colonial period through the Civil War. It delves into the origins and growth of banking, the controversies and political battles it sparked, and its influence on America's economic stability and growth. The author provides insightful perspectives on the use of banks as a tool for achieving political and economic goals, and the resulting effects on American society.

The 10602nd greatest book of all time


Ranking Details:

Our ranking system awards points to books based on their appearance and position on curated lists. Here's how it works:

Unranked Lists: For lists without specific rankings, each book receives points equivalent to the list's weight. This approach recognizes the book's inclusion on prestigious lists.

Ranked Lists: Books on ranked lists receive points in two ways:

  • Base Points: Initially, every book is awarded points equal to the list's weight, acknowledging its significance.
  • Bonus Points: Additionally, books earn bonus points based on their ranking. The total bonus pool, equal to 100% of the list's weight, is distributed among the books, with higher-ranked books receiving more points.

Exponential Distribution: The distribution of bonus points follows an exponential model. This means the top-ranked book (#1) receives significantly more bonus points than those further down the list (e.g., #100). Our algorithm ensures that higher placements are rewarded more generously, reflecting the achievement of a top rank on any given list.

This scoring system ensures that each book's ranking reflects both its presence on multiple lists and its positions within those lists, providing a comprehensive measure of its acclaim and popularity.

Total Points: 1

Since this book was first published in 1957, there is a penalty of 0%. The age adjusted score is 1.0.

This is to prevent newer books from reaching super high on the ranked list of the greatest books of all time. The greatest books should also stand the test of time.