/biz/ - Business & Finance

>>18504222
I haven't found a super-thorough book on either in that context, it's more a mix of various things that seem to tell a story in full. Here are just some wiki links for a quick overview, you'll find decent historical sources in them though not much that contextualizes how much of it is relevant even to today.

The bubble and panic itself, which is dependent on the formation of Hamilton's beloved First Bank and an unsustainable influx of foreign capital, in theory supposed to go to
https://en.wikipedia.org/wiki/Panic_of_1796-97

Which was led largely by James Greenleaf, a wealthy elite that ingratiated himself with the Washington administration and secured bargain-bin land deals for himself:
https://en.wikipedia.org/wiki/James_Greenleaf

To deal with the massive defaults everywhere, Adams signed the bankruptcy act that only forgave speculators:
https://en.wikipedia.org/wiki/Bankruptcy_Act_of_1800

Ironically, Aaron Burr (the supposed evil villain of the Founding Fathers, who also happened to be an early mentor of Andrew Jackson) was a leading populist in stalling the Bankruptcy Act, arguing primarily for "the extension of the Bankrupt system to all classes of people". You won't find this one in Wikipedia because the source itself is actually an anti-Burr campaign book, which ironically makes him look better today, see pic.