Begins a series analyzing the role of government in the economy from the perspective of the Austrian school of economics. Six essays trace the precarious state

Examines the causes of the financial crisis that began in 2008 and reveals the weaknesses found in financial regulation, excessive borrowing, and breaches in ac

Why stable banking systems are so rare Why are banking systems unstable in so many countries—but not in others? The United States has had twelve systemic bank

"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

Based on detailed comparative case studies, this new volume from a leading international group of authors reveals fundamental differences in the economic and po