TY  - GEN
AU  - Gorton, Gary B.
TI  - Misunderstanding financial crises: why we don’t see them coming
SN  - 9780199922901
U1  - 338.542 
PY  - 2012///
CY  - New York
PB  - Oxford University Press
KW  - Economics
KW  - Financial crises - United States
KW  - Monetary policy - United States
KW  - United States - Economic policy
N1  - Includes bibliographical references and index
N2  - 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)
ER  -