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Fighting Financial Crises
If you've got money in the bank, chances are you've never seriously worried about not being able to withdraw it. But there was a time in the United States, an era that ended just …
Slapped by the Invisible Hand
Originally written for a conference of the Federal Reserve, Gary Gorton's "e;The Panic of 2007"e; garnered enormous attention and is considered by many to be the most …
Misunderstanding Financial Crises
Before 2007, economists thought that financial crises would never happen again in the United States, that such upheavals were a thing of the past. Gary B. Gorton, a prominent …
Maze of Banking
After the financial crisis of 2007-2008, analysts continue to question the security of banking sectors in nations in Europe, Latin America, Asia, and Africa. Why do such crises …