This comprehensive historical account tells the story of 200 years of financial panics in America, from 1819 through to the economic hardship of 2020, showing how and why so many financial crises have occurred in the United States and offering solutions to avoiding these sorts of crises moving forward. In 200 Years of American Financial Panics, Thomas P. Vartanian examines the myriad factors that contributed to financial crises throughout American history: the imposition of tariffs and the creation of dozens of poorly ...
Read More
This comprehensive historical account tells the story of 200 years of financial panics in America, from 1819 through to the economic hardship of 2020, showing how and why so many financial crises have occurred in the United States and offering solutions to avoiding these sorts of crises moving forward. In 200 Years of American Financial Panics, Thomas P. Vartanian examines the myriad factors that contributed to financial crises throughout American history: the imposition of tariffs and the creation of dozens of poorly regulated, uncapitalized state banks facilitated the collapse of 1819; government battling over whether gold, silver or paper money should be the preeminent method of exchange created the perfect conditions for the depression of 1893; in the 1920s, the Federal Reserve kept interest rates low to assist the central banks in England and France, allowing an overheated stock market in the United States to shift into overdrive and crash in 1929; the roots of the S&L crisis in the late '80s can be found in 1966, when Congress and the states imposed artificial caps on deposit and mortgage interest rates to encourage greater home ownership; in the 1990's, the government pressured banks to offer mortgages to low and middle-income borrowers while the Fed engaged in loose monetary policies - leading to the greatest economic crisis since the Depression. This book dissects financial crises in a way not attempted before, showing that the pyramid of governmental financial oversight deployed to foster economic safety has been turned on its head in our current era, making our system of financial oversight less effective and more susceptible to financial crises. Uniquely, Vartanian also explains how the technology explosion, from artificial intelligence to cryptocurrencies, is impacting capital investment, liquidity and business psychology, making it even more critical that the formula for financial oversight in the country be renovated. In a fair-minded and nonpartisan way, Vartanian, the Executive Director of the Program on Financial Regulation & Technology at George Mason University's Antonin Scalia Law School, presents extensive evidence of how some forms of government intervention - certainly not all - threaten market equilibrium.
Read Less
Add this copy of 200 Years of American Financial Panics Crashes, to cart. $20.61, new condition, Sold by Books2anywhere rated 5.0 out of 5 stars, ships from Fairford, GLOUCESTERSHIRE, UNITED KINGDOM, published 2021 by Globe Pequot.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Add this copy of 200 Years of American Financial Panics Crashes, to cart. $21.91, new condition, Sold by Paperbackshop International rated 5.0 out of 5 stars, ships from Fairford, GLOS, UNITED KINGDOM, published 2021 by Globe Pequot.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Add this copy of 200 Years of American Financial Panics: Crashes, to cart. $18.88, like new condition, Sold by GreatBookPricesUK5 rated 4.0 out of 5 stars, ships from Castle Donington, DERBYSHIRE, UNITED KINGDOM, published 2021 by Prometheus Books.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Fine. Sewn binding. Cloth over boards. 460 p. Contains: Unspecified, Charts. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
Add this copy of 200 Years of American Financial Panics: Crashes, to cart. $19.78, new condition, Sold by GreatBookPricesUK5 rated 4.0 out of 5 stars, ships from Castle Donington, DERBYSHIRE, UNITED KINGDOM, published 2021 by Prometheus Books.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
New. Sewn binding. Cloth over boards. 460 p. Contains: Unspecified, Charts. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
Add this copy of 200 Years of American Financial Panics: Crashes, to cart. $25.25, new condition, Sold by Booksplease rated 4.0 out of 5 stars, ships from Southport, MERSEYSIDE, UNITED KINGDOM, published 2021 by Prometheus Books.
Add this copy of 200 Years of American Financial Panics: Crashes, to cart. $32.95, new condition, Sold by Kennys.ie rated 4.0 out of 5 stars, ships from Galway, IRELAND, published 2021 by Prometheus Books.
Add this copy of 200 Years of American Financial Panics: Crashes, to cart. $11.57, good condition, Sold by Goodwill Books rated 5.0 out of 5 stars, ships from Hillsboro, OR, UNITED STATES, published 2021 by Prometheus Books.
Add this copy of 200 Years of American Financial Panics: Crashes, to cart. $17.40, good condition, Sold by Madison Booksellers rated 5.0 out of 5 stars, ships from HAGERSTOWN, MD, UNITED STATES, published 2021 by Prometheus Books.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Ships same day or next. Dust Jacket has shelf wear. The book itself is good. Text is very good and book is unread. Expedited shipping available at checkout for domestic orders.
