The Panic of 1907 and the High Tide of P...
Bruner, Robert F.
The Panic of 1907 and the High Tide of Progressivism (B)
F-1782 | Published October 17, 2017 | 4 pages. Case
Collection: Darden School of Business
Product Details
This follow-up to "The Panic of 1907 and the High Tide of Progressivism (A)" (UVA-F-1781) explores how well the Federal Reserve Act of 1913 addressed the issues exposed by the Panic of 1907, as well as providing further food for thought about financial reform.
The A and B cases are a vehicle for illuminating the dynamics of financial crises; comparing systems for financial stability such as clearinghouse associations (a private-market policy) and central banks (a governmental policy); considering the origin of the US Federal Reserve System; and exploring the dynamics of government policy making in the context of a regime shift in political sentiment.
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