Author: Leo Goodstadt
Publisher: Hong Kong University Press
ISBN: 9789622098961
Category : Business & Economics
Languages : en
Pages : 340
Book Description
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
Author: Leo Goodstadt
Publisher: Hong Kong University Press
ISBN: 9789622098961
Category : Business & Economics
Languages : en
Pages : 340
Book Description
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.
Publisher: Hong Kong University Press
ISBN: 9789622098961
Category : Business & Economics
Languages : en
Pages : 340
Book Description
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.
A Brief History of Panics and Their Periodical Occurrence in the United States
Author: Clément Juglar
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 172
Book Description
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 172
Book Description
Fragile by Design
Author: Charles W. Calomiris
Publisher: Princeton University Press
ISBN: 0691168350
Category : Business & Economics
Languages : en
Pages : 584
Book Description
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.
Publisher: Princeton University Press
ISBN: 0691168350
Category : Business & Economics
Languages : en
Pages : 584
Book Description
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.
America's First Great Depression
Author: Alasdair Roberts
Publisher: Cornell University Press
ISBN: 0801464676
Category : History
Languages : en
Pages : 265
Book Description
For a while, it seemed impossible to lose money on real estate. But then the bubble burst. The financial sector was paralyzed and the economy contracted. State and federal governments struggled to pay their domestic and foreign creditors. Washington was incapable of decisive action. The country seethed with political and social unrest. In America's First Great Depression, Alasdair Roberts describes how the United States dealt with the economic and political crisis that followed the Panic of 1837. As Roberts shows, the two decades that preceded the Panic had marked a democratic surge in the United States. However, the nation’s commitment to democracy was tested severely during this crisis. Foreign lenders questioned whether American politicians could make the unpopular decisions needed on spending and taxing. State and local officials struggled to put down riots and rebellion. A few wondered whether this was the end of America’s democratic experiment. Roberts explains how the country’s woes were complicated by its dependence on foreign trade and investment, particularly with Britain. Aware of the contemporary relevance of this story, Roberts examines how the country responded to the political and cultural aftershocks of 1837, transforming its political institutions to strike a new balance between liberty and social order, and uneasily coming to terms with its place in the global economy.
Publisher: Cornell University Press
ISBN: 0801464676
Category : History
Languages : en
Pages : 265
Book Description
For a while, it seemed impossible to lose money on real estate. But then the bubble burst. The financial sector was paralyzed and the economy contracted. State and federal governments struggled to pay their domestic and foreign creditors. Washington was incapable of decisive action. The country seethed with political and social unrest. In America's First Great Depression, Alasdair Roberts describes how the United States dealt with the economic and political crisis that followed the Panic of 1837. As Roberts shows, the two decades that preceded the Panic had marked a democratic surge in the United States. However, the nation’s commitment to democracy was tested severely during this crisis. Foreign lenders questioned whether American politicians could make the unpopular decisions needed on spending and taxing. State and local officials struggled to put down riots and rebellion. A few wondered whether this was the end of America’s democratic experiment. Roberts explains how the country’s woes were complicated by its dependence on foreign trade and investment, particularly with Britain. Aware of the contemporary relevance of this story, Roberts examines how the country responded to the political and cultural aftershocks of 1837, transforming its political institutions to strike a new balance between liberty and social order, and uneasily coming to terms with its place in the global economy.
The Panic of 1907
Author: Robert F. Bruner
Publisher: John Wiley & Sons
ISBN: 0470452587
Category : Business & Economics
Languages : en
Pages : 296
Book Description
"Before reading The Panic of 1907, the year 1907 seemed like a long time ago and a different world. The authors, however, bring this story alive in a fast-moving book, and the reader sees how events of that time are very relevant for today's financial world. In spite of all of our advances, including a stronger monetary system and modern tools for managing risk, Bruner and Carr help us understand that we are not immune to a future crisis." —Dwight B. Crane, Baker Foundation Professor, Harvard Business School "Bruner and Carr provide a thorough, masterly, and highly readable account of the 1907 crisis and its management by the great private banker J. P. Morgan. Congress heeded the lessons of 1907, launching the Federal Reserve System in 1913 to prevent banking panics and foster financial stability. We still have financial problems. But because of 1907 and Morgan, a century later we have a respected central bank as well as greater confidence in our money and our banks than our great-grandparents had in theirs." —Richard Sylla, Henry Kaufman Professor of the History of Financial Institutions and Markets, and Professor of Economics, Stern School of Business, New York University "A fascinating portrayal of the events and personalities of the crisis and panic of 1907. Lessons learned and parallels to the present have great relevance. Crises and panics are as much a part of our future as our past." —John Strangfeld, Vice Chairman, Prudential Financial "Who would have thought that a hundred years after the Panic of 1907 so much remained to be written about it? Bruner and Carr break significant new ground because they are willing to do the heavy lifting of combing through massive archival material to identify and weave together important facts. Their book will be of interest not only to banking theorists and financial historians, but also to business school and economics students, for its rare ability to teach so clearly why and how a panic unfolds." —Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia University, Graduate School of Business
Publisher: John Wiley & Sons
ISBN: 0470452587
Category : Business & Economics
Languages : en
Pages : 296
Book Description
"Before reading The Panic of 1907, the year 1907 seemed like a long time ago and a different world. The authors, however, bring this story alive in a fast-moving book, and the reader sees how events of that time are very relevant for today's financial world. In spite of all of our advances, including a stronger monetary system and modern tools for managing risk, Bruner and Carr help us understand that we are not immune to a future crisis." —Dwight B. Crane, Baker Foundation Professor, Harvard Business School "Bruner and Carr provide a thorough, masterly, and highly readable account of the 1907 crisis and its management by the great private banker J. P. Morgan. Congress heeded the lessons of 1907, launching the Federal Reserve System in 1913 to prevent banking panics and foster financial stability. We still have financial problems. But because of 1907 and Morgan, a century later we have a respected central bank as well as greater confidence in our money and our banks than our great-grandparents had in theirs." —Richard Sylla, Henry Kaufman Professor of the History of Financial Institutions and Markets, and Professor of Economics, Stern School of Business, New York University "A fascinating portrayal of the events and personalities of the crisis and panic of 1907. Lessons learned and parallels to the present have great relevance. Crises and panics are as much a part of our future as our past." —John Strangfeld, Vice Chairman, Prudential Financial "Who would have thought that a hundred years after the Panic of 1907 so much remained to be written about it? Bruner and Carr break significant new ground because they are willing to do the heavy lifting of combing through massive archival material to identify and weave together important facts. Their book will be of interest not only to banking theorists and financial historians, but also to business school and economics students, for its rare ability to teach so clearly why and how a panic unfolds." —Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia University, Graduate School of Business
Banking Panics of the Gilded Age
Author: Elmus Wicker
Publisher: Cambridge University Press
ISBN: 0521770238
Category : Business & Economics
Languages : en
Pages : 182
Book Description
This study of post-Civil War banking panics has constructed estimates of bank closures and their incidence in five separate banking disturbances. The book reconstructs the course of banking panics in the interior, where suspension of cash payment was the primary effect on the average person.
Publisher: Cambridge University Press
ISBN: 0521770238
Category : Business & Economics
Languages : en
Pages : 182
Book Description
This study of post-Civil War banking panics has constructed estimates of bank closures and their incidence in five separate banking disturbances. The book reconstructs the course of banking panics in the interior, where suspension of cash payment was the primary effect on the average person.
The Federal Reserve and Its Founders
Author: Richard A. Naclerio
Publisher: Agenda Publishing
ISBN: 9781911116035
Category : Federal Reserve banks
Languages : en
Pages : 226
Book Description
Richard A. Naclerio investigates the events that surrounded the U.S. Federal Reserve's creation and the bankers, financiers, and economists who shaped its role over the next century. He sheds new light on the making of one of the world's most important financial institutions and how it came to have such crucial national and international influence.
Publisher: Agenda Publishing
ISBN: 9781911116035
Category : Federal Reserve banks
Languages : en
Pages : 226
Book Description
Richard A. Naclerio investigates the events that surrounded the U.S. Federal Reserve's creation and the bankers, financiers, and economists who shaped its role over the next century. He sheds new light on the making of one of the world's most important financial institutions and how it came to have such crucial national and international influence.
Manias, Panics, and Crashes
Author: Robert Z. Aliber
Publisher: Springer
ISBN: 1137525746
Category : Business & Economics
Languages : en
Pages : 435
Book Description
This seventh edition of an investment classic has been thoroughly revised and expanded following the latest crises to hit international markets. Renowned economist Robert Z. Aliber introduces the concept that global financial crises in recent years are not independent events, but symptomatic of an inherent instability in the international system.
Publisher: Springer
ISBN: 1137525746
Category : Business & Economics
Languages : en
Pages : 435
Book Description
This seventh edition of an investment classic has been thoroughly revised and expanded following the latest crises to hit international markets. Renowned economist Robert Z. Aliber introduces the concept that global financial crises in recent years are not independent events, but symptomatic of an inherent instability in the international system.
Sex Panic and the Punitive State
Author: Roger N. Lancaster
Publisher: Univ of California Press
ISBN: 0520948211
Category : Social Science
Languages : en
Pages : 322
Book Description
One evening, while watching the news, Roger N. Lancaster was startled by a report that a friend, a gay male school teacher, had been arrested for a sexually based crime. The resulting hysteria threatened to ruin the life of an innocent man. In this passionate and provocative book, Lancaster blends astute analysis, robust polemic, ethnography, and personal narrative to delve into the complicated relationship between sexuality and punishment in our society. Drawing on classical social science, critical legal studies, and queer theory, he tracks the rise of a modern suburban culture of fear and develops new insights into the punitive logic that has put down deep roots in everyday American life.
Publisher: Univ of California Press
ISBN: 0520948211
Category : Social Science
Languages : en
Pages : 322
Book Description
One evening, while watching the news, Roger N. Lancaster was startled by a report that a friend, a gay male school teacher, had been arrested for a sexually based crime. The resulting hysteria threatened to ruin the life of an innocent man. In this passionate and provocative book, Lancaster blends astute analysis, robust polemic, ethnography, and personal narrative to delve into the complicated relationship between sexuality and punishment in our society. Drawing on classical social science, critical legal studies, and queer theory, he tracks the rise of a modern suburban culture of fear and develops new insights into the punitive logic that has put down deep roots in everyday American life.
Grounded at Kai Tak
Author: Malcolm Merry
Publisher: Hong Kong University Press
ISBN: 9888754157
Category : History
Languages : en
Pages : 295
Book Description
Set against the backdrop of regional and international post–Second World War tensions, Grounded at Kai Tak is the most comprehensive account of the complex legal struggle for ownership of 71 airplanes belonging to the two main Chinese airlines, which were stranded at Kai Tak airfield in Hong Kong at the end of the Chinese civil war. The resulting contest for possession of them took place in the courts and among politicians and diplomats on three continents. In the process, the struggle became entangled with the anti-communist policies of the United States in the emerging ‘Cold War’, British hopes for restoration of her pre-war commercial position in China, disagreements between nations about recognition of the new government in Peking, and the delicate balance that the colonial government of Hong Kong had to keep to preserve that colony’s interests. Merry tells the tale of this legal saga by weaving together archival documents and news reports of the day, revealing the international alignments that emerged from the aftermath of the wars and the colourful cast of actors that influenced the outcome of the dispute. This struggle would go on to become one of the leading public international law cases on the recognition of governments at the time. ‘This is the first book-length monograph on the legal and diplomatic battles for the ownership of the seventy-one aircraft grounded in Hong Kong. Set within the wider context of the Chinese civil war and the Cold War and packed with passionate characters, the book reads like a historical novel. A major contribution to Hong Kong history, legal history, and international history.’ —Chi-kwan Mark, Senior Lecturer in International History, Royal Holloway, University of London ‘This is a fascinating story, eloquently told by one of the true experts of Hong Kong’s modern legal history. By analysing the struggle for possession of seventy-one planes from many different angles, the author offers brilliant insights into law, society, and politics in post–World War II East Asia.’ —Lutz-Christian Wolff, Dean and Wei Lun Professor of Law, Faculty of Law, The Chinese University of Hong Kong
Publisher: Hong Kong University Press
ISBN: 9888754157
Category : History
Languages : en
Pages : 295
Book Description
Set against the backdrop of regional and international post–Second World War tensions, Grounded at Kai Tak is the most comprehensive account of the complex legal struggle for ownership of 71 airplanes belonging to the two main Chinese airlines, which were stranded at Kai Tak airfield in Hong Kong at the end of the Chinese civil war. The resulting contest for possession of them took place in the courts and among politicians and diplomats on three continents. In the process, the struggle became entangled with the anti-communist policies of the United States in the emerging ‘Cold War’, British hopes for restoration of her pre-war commercial position in China, disagreements between nations about recognition of the new government in Peking, and the delicate balance that the colonial government of Hong Kong had to keep to preserve that colony’s interests. Merry tells the tale of this legal saga by weaving together archival documents and news reports of the day, revealing the international alignments that emerged from the aftermath of the wars and the colourful cast of actors that influenced the outcome of the dispute. This struggle would go on to become one of the leading public international law cases on the recognition of governments at the time. ‘This is the first book-length monograph on the legal and diplomatic battles for the ownership of the seventy-one aircraft grounded in Hong Kong. Set within the wider context of the Chinese civil war and the Cold War and packed with passionate characters, the book reads like a historical novel. A major contribution to Hong Kong history, legal history, and international history.’ —Chi-kwan Mark, Senior Lecturer in International History, Royal Holloway, University of London ‘This is a fascinating story, eloquently told by one of the true experts of Hong Kong’s modern legal history. By analysing the struggle for possession of seventy-one planes from many different angles, the author offers brilliant insights into law, society, and politics in post–World War II East Asia.’ —Lutz-Christian Wolff, Dean and Wei Lun Professor of Law, Faculty of Law, The Chinese University of Hong Kong