Calming the Storms: The Carry Trade, the Banking School and British Financial Crises Since 1825

by Charles Read

This book exposes, for the first time in modern scholarship, the role that the rise of the Carry Trade played in British financial crises between 1825 and 1866, how in reaction the Bank of England improved its management of monetary policy after 1866 and how those lessons have been forgotten since the 1970s. Britain is one of the few major capitalist economies in the world to have avoided policy-induced systemic financial crises for more than 100...

• Format: Paperback
• Language: English
• ISBN: 3031119169
• ISBN13: 9783031119163
• Release Date: January 2024
• Publisher: Palgrave MacMillan
• Length: 366 Pages
• Weight: 1.12 lbs.
• Dimensions: 0.9" x 5.8" x 8.3"