Fighting Financial Crises
Gary B. Gorton, Ellis W. Tallman · 2021
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About the book
If you’ve got some money in the bank, chances are you’ve never seriously worried about not being able to withdraw it. But there was a time in the United States, an era that ended just over a hundred years ago, in which bank customers had to pay close attention to whether the banking system would remain solvent, knowing they might have to rush to retrieve their savings before the bank collapsed. During the National Banking Era (1863–1913), before the establishment of the Federal Reserve, widespread banking panics were indeed rather common. --
Book details
- Year
- 2021
- Language
- English
- Publisher
- University of Chicago Press
- Editions
- 3
- ISBN
- 9780226786209
Data source: Wikidata