Capital of Capital: Money, Banking and Power in New York City 1784-2012

By Steven H. Jaffe ’81 and Jessica Lautin ’03

Published Jan. 21, 2016

(Columbia University Press) From Revolutionary Era banknotes to the 2008 financial collapse, Capital of Capital investigates the rise of the New York City banking industry. The book features banking titans like Alexander Hamilton and J.P. Morgan as it examines banking’s controversial role in making New York City an international economic center. Jaffe is a historian who has worked for the Museum of the City of New York, where Lautin is an assistant curator. 

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The October 2025 cover of PAW, featuring an illustration of a woman dressed like Superman, but the S on her chest is a dollar sign.
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