The Crisis in American Banking

The U.s. Banking System, Its Regulation And Deregulation, And Especially Its Deposit Guarantees, Continue To Pose Complex Problems. The Crisis In American Banking Offers Six Original Perspectives On This Continuing Crisis, Drawing From Modern Austrian Economics And From Public Choice Theories That Have Seldom Been Applied To Contemporary Banking Troubles. The Contributors Suggest That Political Regulation Has Seriously Impaired The Health Of The Banking Industry. The Authors Consider Long-term Prospects For Reform In The Banking Industry In Light Of The Regulatory Environment Much In The News. Foreword -- Introduction -- 1. Why Is The U.s. Banking Industry In Trouble? Business Cycles, Loan Losses, And Deposit Insurance -- 2. Public-sector Deficits And Private-sector Performance -- 3. An Empirical Analysis Of Public Choice Aspects Of The Savings And Loan Disaster -- 4. Bankers As Scapegoats For Government-created Banking Crises In U.s. History -- 5. Deposit Insurance Reform Is Not Enough -- 6. The Diminishing Role Of Commercial Banking In The U.s. Economy -- Contributors -- Index. Edited By Lawrence H. White. Issued As Part Of Upcc Book Collections On Project Muse. Includes Bibliographical References And Index. Mode Of Access: World Wide Web.