Banking crises have always been a part of the economic scene. These crunches typically follow economic booms that go bust, much as the 2008 banking crisis succeeded the US housing market collapse. Professor Richard S. Grossman offers a succinct history of banking crises during the past 200 years, noting the conditions necessary for bank stability. getAbstract recommends his informative report to bankers, investors and economic history buffs.
About the Author
Richard S. Grossman is a professor of economics at Wesleyan University in Connecticut.
Instant access to over 20,000 book summaries
Discover your next favorite book with getAbstract.
See prices >>
Stay up-to-date with emerging trends in less time.
Learn more >>