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Misunderstanding Financial Crises
Gary B. Gorton
€ 36.99
€ 31.74
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Description for Misunderstanding Financial Crises
Hardcover. An explanation and history of financial crises. Num Pages: 296 pages, Illustrations, map. BIC Classification: KCBM; KCX; KFFK; KJ. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 241 x 160 x 26. Weight in Grams: 562.
Prior to the financial crisis of 2007-2008, economists thought that no such crisis could or would ever happen again in the United States, that financial events of such magnitude were a thing of the distant past. In fact, observers of that distant past--the period from the half century prior to the Civil War up to the passage of deposit insurance during the Great Depression, which was marked by repeated financial crises--note that while legislation immediately after crises reacted to their effects, economists and policymakers continually failed to grasp the true lessons to be learned. Gary Gorton, considered by many ... Read more
Prior to the financial crisis of 2007-2008, economists thought that no such crisis could or would ever happen again in the United States, that financial events of such magnitude were a thing of the distant past. In fact, observers of that distant past--the period from the half century prior to the Civil War up to the passage of deposit insurance during the Great Depression, which was marked by repeated financial crises--note that while legislation immediately after crises reacted to their effects, economists and policymakers continually failed to grasp the true lessons to be learned. Gary Gorton, considered by many ... Read more
Product Details
Format
Hardback
Publication date
2012
Publisher
Oxford University Press Inc United States
Number of pages
240
Condition
New
Number of Pages
296
Place of Publication
New York, United States
ISBN
9780199922901
SKU
V9780199922901
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-23
About Gary B. Gorton
The Frederick Frank Class of 1954 Professor of Finance at the Yale School of Management
Reviews for Misunderstanding Financial Crises
Gorton brings to the question a combination of historical perspective, academic expertise and, unlike most academics, personal experience...his book is a refreshing and valuable account that should take its place among the essential reading of any student of crises.
The Economist
[An] important book. A Financial Times Book of the Year.
Financial Times It is full of ... Read more
The Economist
[An] important book. A Financial Times Book of the Year.
Financial Times It is full of ... Read more