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The New Lombard Street : How the Fed Became the Dealer of Last Resort /
Walter Bagehot's Lombard Street, published in 1873 in the wake of a devastating London bank collapse, explained in clear and straightforward terms why central banks must serve as the lender of last resort to ensure liquidity in a faltering credit system. Bagehot's book set down the princip...
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| Format: | Électronique eBook |
| Langue: | Inglés |
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Princeton, N.J. :
Princeton University Press,
2011.
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| Collection: | Book collections on Project MUSE.
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| Accès en ligne: | Texto completo |
Table des matières:
- Cover; Title Page; Copyright Page; Table of Contents; Acknowledgments; One: Lombard Street, Old and New; Two: Origins of the Present System; Three: The Age of Management; Four: The Art of the Swap; Five: What Do Dealers Do?; Six: Learning from the Crisis; Conclusion; Notes; References; Index.