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Misunderstanding Financial Crises

Economic History, Economic Thought, Financial Markets

Misunderstanding Financial History

George Selgin/July 11, 2013June 19, 2022

I've long considered Gary Gorton one of the best economists working in the fields of banking and finance, thanks in no small part to his excellent work on 19th-century U.S. financial history. Gorton's reputation was dealt a hard blow recently owing to his role in supplying AIG…

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