This Palgrave Pivot explores the recent financial crisis from a new perspective. Reflecting on 40 years of banking experiences, the book will open new avenues to understanding banking and comment on possible ways to rehabilitate banking organisations. In 1965 the Bank of Ireland received a...

Introduction -- Part 1. E Pluribus Inc. -- 1. The Danger and Necessity of Banks -- 2. A Cheat upon Somebody -- 3 Inc. -- 4. The Civil War Tames Currency -- 5. Sunshine Charlie -- 6. Radio, Rayon, and Retail Credit -- 7. If It Seems Too Good to Be True . . . -- 8 Crash and Contagion -- 9. Tickled...

Introduction -- The legacy of Napoleon: embargo, war, and peace -- Three revolutions: market, transportation, corporation -- Volcano weather -- Alabama fever: "I must go West and plant" -- Bank expansion: "frothy bubbles" -- Bank contraction: "the axe must be applied to the root of the evil" --...

Introduction -- "I am yet waitin": African American women and free labor banking experiments in the emancipation-era South, 1860s-1900 -- "Who is so helpless as the Negro woman?": the independent order of St. Luke and the quest for economic security, 1856-1902 -- "Let us have a bank": St. Luke...

Evolution of monetary arrangements: Introduction -- New monetary economics and commodity bundles: a critique of the Black-FAMA-Hall system -- A measure of value independent of commodities: developing new monetary economics using the monetary theory of Schumpeter, Mises, and Wicksell -- Mind and...

Machine generated contents note: -- Acknowledgments Introduction 1. Public Printers, Private Struggles: The Party Press and the Early American State 2. "A Very Able State Paper": Amos Kendall and the Rise of the Globe 3. The Monster Strikes Back: Nicholas Biddle and the Public Relations Campaign...

Financial crises have been a common feature of the economic landscape for more than two centuries. The chapter defines banking crises, considers the type of costs that they impose, and outlines the most common causes of banking crises during the past 200 years. The remainder of the chapter...

Fighting financial crises: learning from the past -- The New York Clearing House Association -- The start of a panic -- What the New York Clearing House did during National Vanking Era panics -- Information production and suppression and emergency liquidity -- "Too big to fail" before the Fed --...