Firstly, it is important to understand the economic panic of 1837 in order to then understand how it influenced Emerson. Basically, U.S industries depended on British funding in order to finance cotton, the leading export of that time. The crisis emerged when the British investments produced a “land boom” (Roberts 363) in the West. When British investors retracted their funding, economic activity collapsed and American banks failed in maintaining the economy going. The...
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..., my findings lead it to concern anyone who wants to read “Self Reliance” with a new perspective.
Kern, Alexander. “Emerson and Economics” New England Quarterly. 1 Jan. 1940. Proquest. Web. 25 Apr. 2014
Major, William and Bryan Sinche. “Giving Emerson the Boot.” The Chronicle of Higher Education. 17 Jan 2010. Proquest. Web. 27 Apr. 2014
Porte, Joel and Saundra Morris. The Cambridge Companion to Ralph Waldo Emerson. Cambridge University Press. 24-27. Google Scholar. Web. 26 Apr. 2014
Roberts, Alasdair. “America’s First Great Depression: Economic Crisis and Political Disorder after the Panic of 1837.” Political Science Quarterly. 1 June 2013. 363-364. Proquest. Web. 25 Apr. 2014
Schweikart, Larry. “Brothers in Chains: Ralph Waldo Emerson and George Fitzhugh’s Thoughts on Economic and Political Liberty.” N.d. Proquest. Proquest. Web. 27 Apr. 2014
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