[PDF.31tb] Fragile by Design: The Political Origins of Banking Crises and Scarce Credit (The Princeton Economic History of the Western World)
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Fragile by Design: The Political Origins of Banking Crises and Scarce Credit (The Princeton Economic History of the Western World)
Charles W. Calomiris, Stephen H. Haber
[PDF.dh81] Fragile by Design: The Political Origins of Banking Crises and Scarce Credit (The Princeton Economic History of the Western World)
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| #161804 in eBooks | 2014-02-23 | 2014-02-23 | File type: PDF||11 of 11 people found the following review helpful.| The Game of Bank Bargains|By Jim Moser|Most materials covering this topic for the broader public explain the 2007-2009 financial crisis as the culmination of greed gone amok. Calomiris and Haber would not disagree that individuals are motivated by self interest. Well, of course they are! However, rather than stopping there they proceed to describe how the representatives o||Winner of the 2015 PROSE Award in Business, Finance & Management, Association of American Publishers|One of The Times Higher Education Supplement’s Books of the Year 2014, selected by Sir Howard Davies|One of Bloomberg Business
Why are banking systems unstable in so many countries—but not in others? The United States has had twelve systemic banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone but have provided miniscule amounts of credit to business enterprises and households.
Analyzing the political and banking history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several cen...
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