Nobel Lecture: Banking, Credit Disruption, and Economic Activity
Explains how bank runs and credit-intermediation collapse turned the 1930s downturn into the Great Depression and shaped 2008 financial-crisis interventions.
Nobel Laureate in Economic Sciences & Former Federal Reserve Chair
Self-contained public lectures, keynote addresses, and research seminars.
Explains how bank runs and credit-intermediation collapse turned the 1930s downturn into the Great Depression and shaped 2008 financial-crisis interventions.