The Political Origins of Banking Crises

Economist Charles Calomiris examines the puzzling pervasiveness of dysfunctional banking, and argues that bank crises are often the predictable result of political bargains, and that these bargains are structured by a society’s fundamental political institutions. For more information about the event go to the RSA event page. The Political Origins of Banking Crises from The...

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Book Discussion on C-Span

C-Span March 7, 2014 Charles Calomiris talked Fragile by Design: The Political Origins of Banking Crises and Scarce Credit, in which he analyzes the banking systems in the United States, the United Kingdom, Canada, Mexico, and Brazil, going back several decades to find out what makes banking systems unstable. He concluded that the deciding factor is the level of political interference in the system. This event was hosted by the Museum of American Finance in New York City. » Watch the show...

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