The Resource The maze of banking : history, theory, crisis, Gary B. Gorton

The maze of banking : history, theory, crisis, Gary B. Gorton

Label
The maze of banking : history, theory, crisis
Title
The maze of banking
Title remainder
history, theory, crisis
Statement of responsibility
Gary B. Gorton
Creator
Author
Subject
Genre
Language
eng
Summary
"After the financial crisis of 2007-2008, analysts continue to question the security of banking sectors in nations in Europe, Latin America, Asia, and Africa. Why do such crises recur? What is it about the accumulation of bank debt that potentially jeopardizes national and global banking systems? There is no one better-equipped to answer such questions than Gary Gorton, who has been studying financial crises since his PhD thesis in 1983. The Maze of Banking contains a collection of his academic papers on the subjects of banks, banking, and financial crises. The papers in this volume span almost 175 years of U.S. banking history, from pre-U.S. Civil War private bank notes issued during the U.S. Free Banking Era (1837-1863), followed by the U.S. National Banking Era (1863-1914) before there was a central bank, through loan sales, securitization, and the financial crisis of 2007-2008. Banking changed profoundly during these 175 years, yet it did not change in fundamental ways. The forms of money changed, resulting in associated changes in the information structure of the economy. Bank debt evolved as an instrument for storing value, smoothing consumption, and transactions, but its fundamental nature did not change. In all its forms, it is vulnerable to bank runs without government intervention. Comprehensive and informative, the collection is the definitive volume on the history of the U.S. banking system. These papers provide the framework for understanding how the financial crisis of 2007-2008 developed and steps to promote a stable banking industry, thereby preventing future economic crises. The Maze of Banking is essential reading material for students and academics with an interest in economics, finance, and the history of banking."--
Assigning source
Publisher's website
Cataloging source
N$T
Dewey number
332.1
Illustrations
illustrations
Index
index present
LC call number
HG1601
LC item number
.G675 2015e
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Label
The maze of banking : history, theory, crisis, Gary B. Gorton
Publication
Antecedent source
unknown
Bibliography note
Includes bibliographical references and index
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn901263489
Dimensions
unknown
Extent
1 online resource (xiii, 674 pages)
File format
unknown
Form of item
online
Isbn
9780190204846
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
Quality assurance targets
unknown
http://library.link/vocab/recordID
.b34584523
Sound
unknown sound
Specific material designation
remote
System control number
  • (OCoLC)901263489
  • ebl0190204842

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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