Banks and governments: What’s the deal?

AEI Book Forum

When: Wednesday, February 12, 2014 | 5:00 p.m. – 6:15 p.m.
Where: AEI, 12th Floor, 1150 Seventeenth Street, NW, Washington, DC

About
The world displays an instructive variety of banking system designs, some successful, some fragile, and some crisis prone. For example, the US has had numerous banking crises throughout its history while Canada has experienced none.

Surveying different banking systems in their new book, “Fragile by Design: The Political Origins of Banking Crises and Scarce Credit,” Charles Calomiris and Stephen Haber find a common element in all: a deal between the banks and politicians. But these banking bargains vary among countries. How are these deals made, what determines their terms, and how can the US banking system be improved? At this event, Charles Calomiris will present this provocative book, and a discussion by banking experts will follow. For more information click here.