Unsettled Account: The Evolution of Banking in the Industrialized World since 1800 (The Princeton Economic History of the Wester,New
Unsettled Account: The Evolution of Banking in the Industrialized World since 1800 (The Princeton Economic History of the Wester,New
Unsettled Account: The Evolution of Banking in the Industrialized World since 1800 (The Princeton Economic History of the Wester,New

Unsettled Account: The Evolution of Banking in the Industrialized World since 1800 (The Princeton Economic History of the Wester,New

In Stock
SKU: DADAX0691139059
Brand: Princeton University Press
Condition: New
$65.45
Quantity
Add to wishlist
Add to compare
Sold by Ergodebooks, an authorized reseller.

Processing time: 1-3 days

US Orders Ships in: 3-5 days

International Orders Ships in: 8-12 days

Return Policy: 15-days return on defective items

Payment Option
Payment Methods

Help

If you have any questions, you are always welcome to contact us. We'll get back to you as soon as possible, withing 24 hours on weekdays.

Customer service

All questions about your order, return and delivery must be sent to our customer service team by e-mail at yourstore@yourdomain.com

Sale & Press

If you are interested in selling our products, need more information about our brand or wish to make a collaboration, please contact us at press@yourdomain.com

A sweeping look at the evolution of commercial banks over the past two centuriesCommercial banks are among the oldest and most familiar financial institutions. When they work well, we hardly notice; when they do not, we rail against them. What are the historical forces that have shaped the modern banking system? In Unsettled Account, Richard Grossman takes the first truly comparative look at the development of commercial banking systems over the past two centuries in Western Europe, the United States, Canada, Japan, and Australia. Grossman focuses on four major elements that have contributed to banking evolution: crises, bailouts, mergers, and regulations. He explores where banking crises come from and why certain banking systems are more resistant to crises than others, how governments and financial systems respond to crises, why merger movements suddenly take off, and what motivates governments to regulate banks.Grossman reveals that many of the same components underlying the history of banking evolution are at work today. The recent subprime mortgage crisis had its origins, like many earlier banking crises, in a boombust economic cycle. Grossman finds that important historical elements are also at play in modern bailouts, merger movements, and regulatory reforms.Unsettled Account is a fascinating and informative mustread for anyone who wants to understand how the modern commercial banking system came to be, where it is headed, and how its development will affect global economic growth.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

Recently Viewed