Regulation and instability in U.S. commercial banking : a history of crises /
Jill M. Hendrickson.
- London : Palgrave Macmillan, 2011.
- xvi, 296 p. : ill., map., graphs.
- (Palgrave Macmillan studies in banking and financial institutions.) .
Bibliography : p. 276 - 288.
Commercial bank instability -- Theories of bank tegulation -- Antebellum banking: 1781-1863 -- National banking era: 1864-1912 -- Era of instability and change: 1913-1944 -- Postwar banking era and regulatory response: 1945-1999 -- Banking and crisis in the twenty-first century: 2000-2010 -- Lessons from the history of U.S. banking and regulation.
"The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book offers a valuable history lesson for policy makers"-- Provided by publisher.
9780230280663
Banks and banking--State supervision--History.--United States Bank failures--History.--United States Banking law--History.--United States Financial crises--History.--United States