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2020 | OriginalPaper | Buchkapitel

1. Introduction

verfasst von : John H. Wood

Erschienen in: Who Governs?

Verlag: Springer International Publishing

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Abstract

Market problems such as monopoly, fraud, speculation, and/or manipulation are perceived, the legislature passes a law to correct them, a bureaucracy is assigned to interpret and enforce the law, buyers and sellers comply, and the problems are solved. Or are they? Are the promises of politicians and the stories of textbooks believable? This book examines the public and government reactions, and the effectiveness of those reactions, to two famous sets of crises: the securities collapses of the Great Depression and the bank panics of the late nineteenth and early twentieth centuries, culminating in 1907.

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Fußnoten
1
The name bourse was derived from Roger Van der Burse’s inn in Bruges, Belgium, where merchants gathered to trade.
 
2
Bernard was a City merchant, Member of Parliament for the City, and Lord Mayor (1737), known as a defender of the City’s interests.
 
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Metadaten
Titel
Introduction
verfasst von
John H. Wood
Copyright-Jahr
2020
DOI
https://doi.org/10.1007/978-3-030-33083-5_1