Sean Vanatta's Avatar

Sean Vanatta

@seanvanatta.bsky.social

Financial historian at University of Glasgow and non-resident fellow at Princeton's JRCPPF. Writing about credit cards (@yalepress), bank supervision (@princetonupress), & pensions.

641 Followers  |  425 Following  |  79 Posts  |  Joined: 21.09.2023  |  1.9736

Latest posts by seanvanatta.bsky.social on Bluesky

Preview
Antimonopoly Banking After the New Deal - ProMarket The following is an excerpt from "Private Finance, Public Power: A History of Bank Supervision in America" by Peter Conti-Brown and Sean H. Vanatta, now out at Princeton University Press. 

NEW: Read an excerpt from “Private Finance, Public Power: A History of Bank Supervision in America” by @petercontibrown.bsky.social and @seanvanatta.bsky.social, now out at @princetonupress.bsky.social.

www.promarket.org/2025/07/25/a...

25.07.2025 15:00 — 👍 2    🔁 2    💬 0    📌 0
Preview
Brown & Vanatta, "Private Finance, Public Power: A History of Bank Supervision in America" New from Princeton University Press:   Private Finance, Public Power: A History of Bank Supervision in America   (2025), by  Peter Conti-Bro...

Private Finance, Public Power featured on the Legal History Blog:

legalhistoryblog.blogspot.com/2025/06/brow...

24.06.2025 11:58 — 👍 3    🔁 0    💬 0    📌 0

Thank you to the many friends and colleagues who have supported this work over its long journey, and to the team at @princetonupress.bsky.social, who made the book and brought it to the world.

24.06.2025 05:50 — 👍 1    🔁 1    💬 0    📌 0
Preview
Private Finance, Public Power The strange and contested evolution of the management of banking risk

Today is the official pub. date for @petercontibrown.bsky.social and my book, Private Finance, Public Power: A History of Bank Supervision in America.

We did not anticipate that it would drop at a moment when so much in supervision is up for grabs.

press.princeton.edu/books/hardco...

24.06.2025 05:33 — 👍 25    🔁 6    💬 2    📌 1

If you want to understand what @jeremykress.bsky.social is so worked up about, our book Private Finance, Public Power is out today!

press.princeton.edu/books/hardco...

24.06.2025 05:30 — 👍 4    🔁 1    💬 0    📌 0

It's called supervisory discretion, Jeremy!

24.06.2025 05:28 — 👍 1    🔁 0    💬 0    📌 0
Post image

Proud of my two students, @petercontibrown and @seanvanatta.bsky.social on their fantastic new book, Private Finance, Public Power. @princetonupress.bsky.social

19.06.2025 20:27 — 👍 19    🔁 4    💬 0    📌 0
Post image

That magic moment when your research comes full circle. Charge it!

19.06.2025 12:16 — 👍 0    🔁 0    💬 0    📌 0
Video thumbnail

Classic bring your bagpipes to work day here in Glasgow.

18.06.2025 08:06 — 👍 0    🔁 0    💬 0    📌 0
Post image

That's a wrap on The Past and Future of Bank Supervision @brookings.edu . Thanks to Aaron Klein for organising and hosting a great event!

10.06.2025 19:08 — 👍 1    🔁 0    💬 0    📌 0
Preview
Peter Conti-Brown and Sean Vanatta on the History of Bank Supervision in America Peter Conti-Brown is a historian and legal scholar of the Federal Reserve System, and an associate professor at the

Super fun show this week with @seanvanatta.bsky.social and @petercontibrown.bsky.social on their new history of bank supervision in the United States. We also cover the recent SCOTUS case on POTUS removing Fed governors, powerlifting, and more! www.mercatus.org/macro-musing... (1/n)

09.06.2025 15:00 — 👍 7    🔁 3    💬 1    📌 0

Unfortunately, Illinois did not adopt the pension laws commission's recomendations, and has continued to be a poster child for disastrous unsound pension plans.

03.06.2025 15:12 — 👍 2    🔁 0    💬 0    📌 0

Started writing the next book today. Off to a good start:

“The laws of the various states for pensions of public employes have been enacted with almost utter disregard for the disastrous experiences contained in the history of unsound pension plans.”

Illinois Pension Laws Commission, 1919

03.06.2025 15:12 — 👍 4    🔁 0    💬 1    📌 0
Post image

Private Finance, Public Power, real and in the flesh! Can't wait until this starts shipping out.

Get yours at press.princeton.edu/books/hardco...

26.05.2025 18:31 — 👍 34    🔁 8    💬 0    📌 0
Preview
Glasgow, Taps-Aff or Taps-Oan?

I do love this country. It's Braw.

www.taps-aff.co.uk

17.05.2025 12:15 — 👍 0    🔁 0    💬 0    📌 0
Post image

📢 Call for Applications: 𝐇𝐞𝐧𝐫𝐲 𝐊𝐚𝐮𝐟𝐦𝐚𝐧 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐇𝐢𝐬𝐭𝐨𝐫𝐲 𝐃𝐢𝐬𝐬𝐞𝐫𝐭𝐚𝐭𝐢𝐨𝐧 𝐅𝐞𝐥𝐥𝐨𝐰𝐬𝐡𝐢𝐩𝐬
hagley.org businesshistory.bsky.social historians.bsky.social #skystorians

🗓️ Application deadline: November 1 2025

thebhc.org/dissertation...

#FinancialHistory

15.05.2025 10:02 — 👍 2    🔁 4    💬 0    📌 0
Preview
Consumers Show Signs of Strain Amid Trump's Tariff Rollout Consumer spending has been the bulwark against recession. A pullback could slow the economy.

“'The U.S. consumer never lets us down,' John Williams, president of the Federal Reserve Bank of New York."

This, with the graph of credit card delinquencies, is the entire post-New Deal US political economy.

www.nytimes.com/interactive/...

16.05.2025 05:14 — 👍 1    🔁 0    💬 0    📌 0

Could they redirect those investments toward public infrastructure in a turn to US-style fiscal mutualism (an investment strategy from the midcentury era of conservative nostalgia)?

I'm...not hopeful...

papers.ssrn.com/sol3/papers....

13.05.2025 08:28 — 👍 0    🔁 1    💬 0    📌 0
Preview
Migrants will have to spend decade in UK before applying to stay Government to also end visas for care workers as part of immigration clampdown

Oh FFS

Migrants will have to spend decade in UK before applying to stay - on.ft.com/42UkLnF via @FT

12.05.2025 05:10 — 👍 0    🔁 1    💬 0    📌 0
Xaq Frohlich & Sean Vanatta -- Book talk #bizhis #books
YouTube video by Business History Conference Xaq Frohlich & Sean Vanatta -- Book talk #bizhis #books

If you missed the American Society for Legal History Virtual Book Club last week, you can watch here the recording of @seanvanatta.bsky.social and me discussing our two books: www.youtube.com/watch?v=lEYe....

Compliments of the @businesshistoryc.bsky.social .
#businesshistory

24.04.2025 21:40 — 👍 4    🔁 4    💬 0    📌 0
Post image

Enjoyed the launch event for @seanvanatta.bsky.social’s Plastic Capitalism, a new history of how credit cards transformed finance and unmoored New Deal America.

22.04.2025 17:04 — 👍 8    🔁 3    💬 0    📌 0

Want to see how informing consumers evolved as a regulatory strategy across credit and food? Join @comedoergosum.bsky.social next week!

09.04.2025 16:07 — 👍 1    🔁 0    💬 0    📌 0
Post image

Join me and @seanvanatta.bsky.social online a week from today for our talk about both our books and intersections between legal history and business history, part of the American Society for Legal History Virtual Book Club, co-hosted with @businesshistoryc.bsky.social : aslh.net/virtual-book...

09.04.2025 14:38 — 👍 8    🔁 2    💬 1    📌 1
Preview
US Treasuries sell-off deepens as ‘safe haven’ status challenged Investors say misfiring ‘basis trades’ are piling pressure on US government bond market

"You Maniacs! You blew it up! Ah, damn you! God damn you all to hell!"

US Treasuries sell-off deepens as ‘safe haven’ status challenged - on.ft.com/3FXNnTK via @FT

09.04.2025 13:26 — 👍 1    🔁 0    💬 1    📌 0

This conference looks very cool: Money and Humanities!

21.03.2025 19:52 — 👍 0    🔁 0    💬 0    📌 0

Heathrow is currently on fire.

21.03.2025 09:36 — 👍 1    🔁 0    💬 1    📌 0
Preview
Book Review: Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control

Plastic Capitalism reviewed by Vern McKinley via the Cato Institute. Unsurprisingly, we disagree about the relative merits of financial regulation (while, I suspect, agreeing on the relative demerits of Citi).

@yalebooks.bsky.social @uofgsocsci.bsky.social

www.cato.org/regulation/s...

21.03.2025 06:35 — 👍 1    🔁 0    💬 0    📌 0
Preview
Trump Says a Recession Would Be Worth It, but Economists Are Skeptical President Trump and his advisers say his policies may cause short-term pain but will produce big gains over time. Many economists are skeptical of those arguments.

“It’s the kind of language that you use when your policy isn’t going great and you can see that it’s actively harming people,” said Sean Vanatta, a financial historian at the University of Glasgow in Scotland.

www.nytimes.com/2025/03/18/b...

18.03.2025 14:09 — 👍 7    🔁 4    💬 0    📌 0

"Drawing on extensive and impressive archival research, Vanatta explains in a highly accessible manner how this industry has shaped the economic development of the United States in the last 50 years."

17.03.2025 13:00 — 👍 0    🔁 0    💬 0    📌 0

The Gomory prize committee wrote: "Sean Vanatta’s Plastic Capitalism offers a careful and much needed history of the development of the American credit card industry. Combining business and legal history, Vanatta shows how business decisions were made against a backdrop of government regulation...

17.03.2025 13:00 — 👍 0    🔁 0    💬 1    📌 0

@seanvanatta is following 20 prominent accounts