Book notes: Respectable banking, by Anthony Hotson
Author’s sensible goal of “respectable banking” is admirable, but recommendations would not all help to achieve this
Anthony Hotson, Respectable banking: the search for stability in London’s money and credit markets since 1695, Cambridge University Press, 2017, 302 pages
The 2008 financial crisis forced regulators and financial institutions around the world to question the basis upon which financial stability had been placed. In his book, Anthony Hotson offers important new insights through a reassessment of the development of London’s money and credit markets since the great currency crisis of 1695. The
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