Regulation and Instability in U.S. Commercial Banking: A History of Crises (Palgrave Macmillan Studies in Banking and Financial Institutions) / Jill M. Hendrickson

Book Cover Regulation and Instability in U.S. Commercial Banking: A History of Crises (Palgrave Macmillan Studies in Banking and Financial Institutions)
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/ Jill M. Hendrickson
Publisher: Palgrave Macmillan
Availability:Usually ships in 24 hours
Sales Rank: 3309094
ISBN-10: 0230280668
ISBN-13: 9780230280663


The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book offers a valuable history lesson for policy makers.
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