Profits, Politics and Panics
Title | Profits, Politics and Panics PDF eBook |
Author | Leo Goodstadt |
Publisher | Hong Kong University Press |
Pages | 340 |
Release | 2007-10-01 |
Genre | Business & Economics |
ISBN | 9789622098961 |
Goodstadt brilliantly weaves a tapestry that resolves major puzzles about Hong Kong's growth as an international financial centre during this pivotal fifty-year period. This is a devastating expose of the consequences of the British colonial government's failure to effectively regulate banking and manage monetary policy."--David Meyer, Washington University. St. LouisLeo F. Goodstadt is adjunct professor in the School of Business Studies at Trinity Colletge, University of Dublin. He was formerly deputy editor of the Far Eastern Economic Review.
Profits, Politics and Panics: Hong Kong's Banks and the Making of a Miracle Economy, 1935-1985
Title | Profits, Politics and Panics: Hong Kong's Banks and the Making of a Miracle Economy, 1935-1985 PDF eBook |
Author | Leo F. Goodstadt |
Publisher | |
Pages | |
Release | |
Genre | |
ISBN | 9781282709300 |
The Profits of Panics
Title | The Profits of Panics PDF eBook |
Author | Malcolm Ronald Laing Meason |
Publisher | |
Pages | 144 |
Release | 1866 |
Genre | Depressions |
ISBN |
A Brief History of Panics and Their Periodical Occurrence in the United States
Title | A Brief History of Panics and Their Periodical Occurrence in the United States PDF eBook |
Author | Clément Juglar |
Publisher | |
Pages | 176 |
Release | 1897 |
Genre | Depressions |
ISBN |
The Profits of Panics
Title | The Profits of Panics PDF eBook |
Author | Malcolm Ronald Laing- Meason |
Publisher | Andesite Press |
Pages | 128 |
Release | 2015-08-08 |
Genre | |
ISBN | 9781297585722 |
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
200 Years of American Financial Panics
Title | 200 Years of American Financial Panics PDF eBook |
Author | Thomas P. Vartanian |
Publisher | Rowman & Littlefield |
Pages | 462 |
Release | 2021-05-15 |
Genre | Business & Economics |
ISBN | 1633886719 |
From 1819 to COVID-19, 200 Years of American Financial Panics offers a comprehensive historical account of financial panics in America. Through a meticulous dissection of historical events and the benefit of his experience handling many of the country’s largest bank failures, Thomas P. Vartanian reveals why so many more devastating financial crises have occurred in America than nearly every other country in the world. Vartanian provides extensive evidence of how the collision of policy-driven government actions and profit-oriented business performance have disrupted market equilibrium and made the U.S. system of financial oversight less effective and more susceptible to missing the signs of future financial crises, including policies that: imposed tariffs and chartered dozens of poorly regulated, uncapitalized state banks that facilitated panics in the 19th century; created ambivalence over whether gold, silver or paper money should be the preeminent form of payment, creating the perfect conditions for the depression of 1893; kept interest rates low to assist the central banks in England, Germany and France, allowing an overheated U.S. stock market to shift into overdrive and crash in 1929; planted the seeds of the S&L crisis more than twenty years before when Congress imposed artificial limits on deposit interest rates and the states capped mortgage interest rates to increase homeownership; pressured banks in the 1990’s to increase mortgage lending to increase home ownership while the Fed engaged in loose monetary policies, adding fuel to the greatest economic crisis since the Great Depression. 200 Years of American Financial Panics dissects financial crises in a way not attempted before, concluding that the pyramid of governmental oversight intended to foster economic safety and stability has been turned on its head to its detriment. Vartanian provides readers with a unique list of practical solutions. Most importantly, his analysis of financial technology, from artificial intelligence and Big Data to cryptocurrencies and quantum computing, forecasts how financial markets and government regulation will change. 200 Years of American Financial Panics is a must read for anyone that wants to understand their money, financial markets, and how they are going to change in the future.
Fragile by Design
Title | Fragile by Design PDF eBook |
Author | Charles W. Calomiris |
Publisher | Princeton University Press |
Pages | 584 |
Release | 2015-08-04 |
Genre | Business & Economics |
ISBN | 0691168350 |
Why stable banking systems are so rare 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 centuries, Fragile by Design demonstrates that chronic banking crises and scarce credit are not accidents. Calomiris and Haber combine political history and economics to examine how coalitions of politicians, bankers, and other interest groups form, why they endure, and how they generate policies that determine who gets to be a banker, who has access to credit, and who pays for bank bailouts and rescues. Fragile by Design is a revealing exploration of the ways that politics inevitably intrudes into bank regulation.