Misunderstanding financial crises: why we don’t see them coming Gorton, Gary B.

By:

Gorton, Gary B

Publication details: 2012 Oxford University Press New YorkDescription: xiv, 278 pISBN:

9780199922901

Subject(s):

DDC classification:

338.542 G6M4

Summary: 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. (http://ukcatalogue.oup.com/product/9780199922901.do#.URyIY_J5eSo)

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode	Item holds
Book	Ahmedabad	Non-fiction	338.542 G6M4 (Browse shelf(Opens below))	Available		178237

Total holds: 0

Includes bibliographical references and index.

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. (http://ukcatalogue.oup.com/product/9780199922901.do#.URyIY_J5eSo)

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