In this episode, Professor Michael Bordo talks about his finding on the countries that "learned" to develop financial stability through history versus those that did not. Mike also walks us through the historical evolution of the Canadian and US banking systems, contrasting the relative stability of the former with the instability of the latter. We discuss whether system design in the nineteenth and early twentieth centuries influenced the different outcomes of both countries during the Great...
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In this episode, Professor Michael Bordo talks about his finding on the countries that "learned" to develop financial stability through history versus those that did not. Mike also walks us through the historical evolution of the Canadian and US banking systems, contrasting the relative stability of the former with the instability of the latter. We discuss whether system design in the nineteenth and early twentieth centuries influenced the different outcomes of both countries during the Great...
Professor Peter Temin's 'Lessons from the Great Depression' remains a standard classic three decades since its publication. In today's episode, Peter talks about the Great Depression's lessons for today's policy makers and the use of fiscal policy with and without a gold standard. We also consider how the existing theories available to each generation influence their policy makers in their choices.
The Economic History Podcast
In this episode, Professor Michael Bordo talks about his finding on the countries that "learned" to develop financial stability through history versus those that did not. Mike also walks us through the historical evolution of the Canadian and US banking systems, contrasting the relative stability of the former with the instability of the latter. We discuss whether system design in the nineteenth and early twentieth centuries influenced the different outcomes of both countries during the Great...