"Before reading The Panic of 1907, the year 1907 seemed like a long time ago and a different world. The authors, however, bring this story alive in a fast-movin

"Before reading The Panic of 1907, the year 1907 seemed like a long time ago and a different world. The authors, however, bring this story alive in a fast-movin

Presents a comprehensive study of the events and personalities that sparked the 1907 financial crisis, resulting in the establishment of the Federal Reserve in

This is the first major study of post-Civil War banking panics in almost a century. The author has constructed for the first time estimates of bank closures and