Gorton, Gary B. <br/><br/>
Misunderstanding financial crises: why we don’t see them coming 
Gorton, Gary B. 
 - New York  Oxford University Press  2012 
 - xiv, 278 p. 
<br/><br/>Includes bibliographical references and index. 
<br/><br/> 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) 
<br/><br/><label>ISBN: </label>9780199922901 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Economics<br/>Financial crises - United States<br/>Monetary policy - United States<br/>United States - Economic policy
<br/><br/><label>Dewey Class. No.: </label>338.542  / G6M4