Stability in the US Financial System
The essays in this volume attempt to fulfill a three-fold purpose: first, to review and analyze the success of the legislative package of the 1930s, including the Emergency Banking Act of 1933, the Banking Act of 1935 and other related legislation, which in combination produced the longest period of financial stability in the history of the United States, lasting 50 years or so, until the 1980s. An understanding of the events that led to those reforms may provide a parallel to the pressing issues presently facing the banking and financial system in the US.
KeywordsFinancial System Mutual Fund Deposit Insurance Banking Regulation Banking Crisis
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