Swiss Monetary History since the Early 19th Century

Swiss Monetary History since the Early 19th Century
Author: Ernst Baltensperger
Publisher: Cambridge University Press
Total Pages: 267
Release: 2017-08-03
Genre: Business & Economics
ISBN: 1108191444

This book describes the remarkable path which led to the Swiss Franc becoming the strong international currency that it is today. Ernst Baltensperger and Peter Kugler use Swiss monetary history to provide valuable insights into a number of issues concerning the organization and development of monetary institutions and currency that shaped the structure of financial markets and affected the economic course of a country in important ways. They investigate a number of topics, including the functioning of a world without a central bank, the role of competition and monopoly in money and banking, the functioning of monetary unions, monetary policy of small open economies under fixed and flexible exchange rates, the stability of money demand and supply under different monetary regimes, and the monetary and macroeconomic effects of Swiss Banking and Finance. Swiss Monetary History since the Early 19th Century illustrates the value of monetary history for understanding financial markets and macroeconomics today.

Bubble in the Sun

Bubble in the Sun
Author: Christopher Knowlton
Publisher: Simon & Schuster
Total Pages: 432
Release: 2021-01-12
Genre: History
ISBN: 1982128380

Christopher Knowlton, author of Cattle Kingdom and former Fortune writer, takes an in-depth look at the spectacular Florida land boom of the 1920s and shows how it led directly to the Great Depression. The 1920s in Florida was a time of incredible excess, immense wealth, and precipitous collapse. The decade there produced the largest human migration in American history, far exceeding the settlement of the West, as millions flocked to the grand hotels and the new cities that rose rapidly from the teeming wetlands. The boom spawned a new subdivision civilization—and the most egregious large-scale assault on the environment in the name of “progress.” Nowhere was the glitz and froth of the Roaring Twenties more excessive than in Florida. Here was Vegas before there was a Vegas: gambling was condoned and so was drinking, since prohibition was not enforced. Tycoons, crooks, and celebrities arrived en masse to promote or exploit this new and dazzling American frontier in the sunshine. Yet, the import and deep impact of these historical events have never been explored thoroughly until now. In Bubble in the Sun Christopher Knowlton examines the grand artistic and entrepreneurial visions behind Coral Gables, Boca Raton, Miami Beach, and other storied sites, as well as the darker side of the frenzy. For while giant fortunes were being made and lost and the nightlife raged more raucously than anywhere else, the pure beauty of the Everglades suffered wanton ruination and the workers, mostly black, who built and maintained the boom, endured grievous abuses. Knowlton breathes dynamic life into the forces that made and wrecked Florida during the decade: the real estate moguls Carl Fisher, George Merrick, and Addison Mizner, and the once-in-a-century hurricane whose aftermath triggered the stock market crash. This essential account is a revelatory—and riveting—history of an era that still affects our country today.

Financial Markets and Financial Crises

Financial Markets and Financial Crises
Author: R. Glenn Hubbard
Publisher: University of Chicago Press
Total Pages: 420
Release: 1991-08-13
Genre: Business & Economics
ISBN: 9780226355887

Warnings of the threat of an impending financial crisis are not new, but do we really know what constitutes an actual episode of crisis and how, once begun, it can be prevented from escalating into a full-blown economic collapse? Using both historical and contemporary episodes of breakdowns in financial trade, contributors to this volume draw insights from theory and empirical data, from the experience of closed and open economies worldwide, and from detailed case studies. They explore the susceptibility of American corporations to economic downturns; the origins of banking panics; and the behavior of financial markets during periods of crisis. Sever papers specifically address the current thrift crisis—including a detailed analysis of the over 500 FSLIC-insured thrifts in the southeast—and seriously challenge the value of recent measures aimed at preventing future collapse in that industry. Government economists and policy makers, scholars of industry and banking, and many in the business community will find these timely papers an invaluable reference.

Policy Shock

Policy Shock
Author: Edward J. Balleisen
Publisher: Cambridge University Press
Total Pages: 593
Release: 2017-11-02
Genre: Business & Economics
ISBN: 1107140218

In this book, compelling case studies show how past crises have reshaped regulation, and how policy-makers can learn from crises in the future.

Perspectives on Modern German Economic History and Policy

Perspectives on Modern German Economic History and Policy
Author: Knut Borchardt
Publisher: Cambridge University Press
Total Pages: 302
Release: 1991-05-30
Genre: Business & Economics
ISBN: 9780521368582

This collection of essays covers themes central to German economic history while considering their interaction with other historical phenomena. Among the essays Borchardt considers Germany's late start as an industrial nation, the West-East developmental gradient, key patterns of long-term economic development, and unusual changes in the phenomena of business cycles. The collection also contains the essays which have become the subject of so-called 'Borchardt controversies', in which hypotheses are presented on the economic causes of the collapse of the parliamentary regime by 1929-30, at the very end of the 'crisis before the crisis'. He also explains why there were no alternatives to the economic policies of the slump, and in particular why there was no 'miracle weapon' against Hitler's seizure of power. These are among the most original and stimulating contributions of recent years to the economic history of modern Germany and will be of interest to anyone who ponders deeply the meaning of history.

This Time Is Different

This Time Is Different
Author: Carmen M. Reinhart
Publisher: Princeton University Press
Total Pages: 513
Release: 2011-08-07
Genre: Business & Economics
ISBN: 0691152640

An empirical investigation of financial crises during the last 800 years.

Crashed

Crashed
Author: Adam Tooze
Publisher: Penguin
Total Pages: 460
Release: 2018-08-07
Genre: Business & Economics
ISBN: 0525558802

WINNER OF THE LIONEL GELBER PRIZE A NEW YORK TIMES NOTABLE BOOK OF 2018 ONE OF THE ECONOMIST'S BOOKS OF THE YEAR A NEW YORK TIMES CRITICS' TOP BOOK "An intelligent explanation of the mechanisms that produced the crisis and the response to it...One of the great strengths of Tooze's book is to demonstrate the deeply intertwined nature of the European and American financial systems."--The New York Times Book Review From the prizewinning economic historian and author of Shutdown and The Deluge, an eye-opening reinterpretation of the 2008 economic crisis (and its ten-year aftermath) as a global event that directly led to the shockwaves being felt around the world today. We live in a world where dramatic shifts in the domestic and global economy command the headlines, from rollbacks in US banking regulations to tariffs that may ignite international trade wars. But current events have deep roots, and the key to navigating today’s roiling policies lies in the events that started it all—the 2008 economic crisis and its aftermath. Despite initial attempts to downplay the crisis as a local incident, what happened on Wall Street beginning in 2008 was, in fact, a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. With a historian’s eye for detail, connection, and consequence, Adam Tooze brings the story right up to today’s negotiations, actions, and threats—a much-needed perspective on a global catastrophe and its long-term consequences.

Lords of Finance

Lords of Finance
Author: Liaquat Ahamed
Publisher: Penguin
Total Pages: 584
Release: 2009
Genre: Business & Economics
ISBN: 9781594201820

Argues that the stock market crash of 1929 and subsequent Depression occurred as a result of poor decisions on the part of four central bankers who jointly attempted to reconstruct international finance by reinstating the gold standard.

Lessons from the Great Depression

Lessons from the Great Depression
Author: Peter Temin
Publisher: MIT Press
Total Pages: 220
Release: 1991-10-08
Genre: Business & Economics
ISBN: 9780262261197

Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. Do events of the 1930s carry a message for the 1990s? Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. It describes the causes of the depression, why it was so widespread and prolonged, and what brought about eventual recovery. Peter Temin also finds parallels in recent history, in the relentless deflationary course followed by the U.S. Federal Reserve Board and the British government in the early 1980s, and in the dogged adherence by the Reagan administration to policies generated by a discredited economic theory—supply-side economics.