{"product_id":"fragile-by-design-charles-w-calomiris-9780691155241","title":"Fragile by Design: The Political Origins of Banking Crises and Scarce Credit","description":"\u003cp\u003e\u003cb\u003eWhy stable banking systems are so rare\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eWhy are banking systems unstable in so many countries--but not in others? The United States has had twelve systemic banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone but have provided miniscule amounts of credit to business enterprises and households. \u003cp\u003e\u003c\/p\u003eAnalyzing the political and banking history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, \u003ci\u003eFragile by Design\u003c\/i\u003e demonstrates that chronic banking crises and scarce credit are not accidents. Calomiris and Haber combine political history and economics to examine how coalitions of politicians, bankers, and other interest groups form, why they endure, and how they generate policies that determine who gets to be a banker, who has access to credit, and who pays for bank bailouts and rescues. \u003cp\u003e\u003c\/p\u003e\u003ci\u003eFragile by Design\u003c\/i\u003e is a revealing exploration of the ways that politics inevitably intrudes into bank regulation.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Charles W. Calomiris, Stephen Haber\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0691155240\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780691155241\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Princeton University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 02\/23\/2014\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 432\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 2.06lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.31h x 6.40w x 1.44d\u003cbr\u003e\u003cb\u003eAward:\u003c\/b\u003e PROSE - Winner\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003ePublishers Weekly\u003c\/i\u003e 12\/23\/2013\u003cbr\u003e\u003ci\u003eNew York Times Book Review\u003c\/i\u003e 04\/13\/2014 pg. 22\u003cbr\u003e\u003ci\u003eNew York Times Book Review\u003c\/i\u003e 04\/20\/2014 pg. 26\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 08\/01\/2014","brand":"Charles W. Calomiris","offers":[{"title":"Hardcover","offer_id":43981102350591,"sku":"9780691155241","price":37.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_8e494c33-a17b-4cb4-8033-4baad046077d.jpg?v=1683253667","url":"https:\/\/www.whiterainbookhouse.com\/products\/fragile-by-design-charles-w-calomiris-9780691155241","provider":"WR Book House","version":"1.0","type":"link"}