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This book argues biological innovations played a crucial, if unheralded, role in American agricultural development.

This book demonstrates that American agricultural development was far more dynamic than generally portrayed. In the two centuries before World War II, a stream of biological innovations revolutionized the crop and livestock sectors, increasing both land and labor productivity. Biological innovations were essential for the movement of agriculture onto new lands with more extreme climates, for maintaining production in the face of evolving threats from pests, and for the creation of the modern livestock sector. These innovations established the foundation for the subsequent Green and Genetic...

These institutions were founded ostensibly for philanthropic purposes--to encourage and reward thrift on the part of society's lower classes. For purposes of analysis, Olmstead formulates an alternative hypothesis. Men organized mutuals for the same reason that impelled their other business ventures--the hope of profit. The author focuses on the internal operations of several banks and the important role they played in financing antebellum development.

A UNC Press Enduring Edition -- UNC Press Enduring Editions use the latest in digital technology to make available again books from...