Fragile by Design: The Political Origins of Banking Crises and Scarce Credit by Charles W. Calomiris, Stephen H. Haber

Fragile by Design: The Political Origins of Banking Crises and Scarce Credit

Charles W. Calomiris, Stephen H. Haber

570 pages • first pub 2014 (editions)

nonfiction economics history challenging informative slow-paced
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Why stable banking systems are so rareWhy are banking systems unstable in so many countries--but not in others? The United States has had twelve systemic banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazi...

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