000684923 000__ 03618cam\a2200457\i\4500 000684923 001__ 684923 000684923 005__ 20220504112545.0 000684923 006__ m\\\\\o\\d\\\\\\\\ 000684923 007__ cr\cn\nnnunnun 000684923 008__ 140311s2013\\\\sz\a\\\\ob\\\\001\0\eng\d 000684923 019__ $$a865835174 000684923 020__ $$a9783319017570$$q(electronic book) 000684923 020__ $$z9783319017563 000684923 0247_ $$a10.1007/978-3-319-01757-0$$2doi 000684923 035__ $$a(OCoLC)ocn862977726 000684923 035__ $$a(CaPaEBR)ebr10784298 000684923 035__ $$a(MiAaPQ)EBC1538561 000684923 035__ $$a684923 000684923 040__ $$aCaPaEBR$$beng$$erda$$epn$$cCaPaEBR 000684923 05014 $$aHG1573$$b.B48 2013eb 000684923 1001_ $$aBetz, Frederick. 000684923 24510 $$aWhy bank panics matter :$$bcross-disciplinary economic theory /$$cFrederick Betz. 000684923 264_1 $$aCham :$$bSpringer International,$$c2013. 000684923 300__ $$a1 online resource (xiv, 162 pages) :$$billustrations. 000684923 336__ $$atext$$2rdacontent 000684923 337__ $$acomputer$$2rdamedia 000684923 338__ $$aonline resource$$2rdacarrier 000684923 4901_ $$aSpringerBriefs in economics 000684923 504__ $$aIncludes bibliographical references and index. 000684923 5050_ $$aReality and Theory -- Empirically-Grounded Theory -- Bankground: Banking and Causality -- Dynamics of Bank Panics -- Control in an Economic System -- Great Depression -- Topological Economic Theory -- Shadow Banking and Financial Layering -- Private Good and Public Good -- Casino Banking -- Why Banks Panic. 000684923 506__ $$aAccess limited to authorized users. 000684923 520__ $$aBank panics have always mattered because they create serious disruptions in economic and financial activity, depressing national economies. But they matter even more now, as information and communications technologies have stitched together a global financial system that is more vulnerable to crisis on a large scale. For example, the global bank panic of 2007-08 froze up the national economies of the U.S., England, France, Iceland, Ireland, and Germany -- all at the same time. And each of their governments had to act to bail out their own banks, without a consistent international regulatory framework. In this volume, Fred Betz takes a unique, cross-disciplinary approach to understanding bank panics, with an emphasis on the U.S. Bank Panics of 1857, 1907, 1930-33, 2007-08 and the European Bank Panics of 2010-2013. Despite over a hundred years of modern economic theory and many excellent historical studies about bank panics, they are still poorly understood and certainly not yet preventable. Partly this has been a function of the limitations of modern economic theory, which cannot interpret bank panics as complex societal phenomena. All societal phenomena are, in reality, multi-disciplinary in scope and cross-disciplinary in connections. Bank panics can best be understood through the collective lenses of sociology, political science, psychology, management science, management of technology, among other disciplines. Through this dynamic approach, the author identifies five key underlying triggers of bank panics:(1) funding excessive leverage in speculation, (2) lack of proper banking regulation, (3) bad banking practices, (4) lack of banking integrity, (5) corrupt banking practices. In so doing, he suggests new strategies for avoiding and recovering from bank panics and other financial crises. 000684923 588__ $$aDescription based on print version record. 000684923 650_0 $$aBank failures. 000684923 650_0 $$aBanks and banking. 000684923 655_0 $$aElectronic books 000684923 77608 $$iPrint version:$$aBetz, Frederick.$$tWhy bank panics matter.$$dCham : Springer Verlag, 2014$$z9783319017563$$w(OCoLC)857947023 000684923 830_0 $$aSpringerBriefs in economics. 000684923 8520_ $$bacq 000684923 85280 $$bebk$$hProQuest Ebook Central 000684923 85280 $$bebk$$hSpringerLink 000684923 85640 $$3ProQuest Ebook Central$$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=1538561$$zOnline Access 000684923 909CO $$ooai:library.usi.edu:684923$$pGLOBAL_SET 000684923 980__ $$aEBOOK 000684923 980__ $$aBIB 000684923 982__ $$aEbook 000684923 983__ $$aOnline