The Lessons of Monetary and Financial History

The Lessons of Monetary and Financial History

EconSouth

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September 22, 2013 | Copyright

Economic crises have occurred repeatedly in the past--and will continue to occur in the future. This history holds valuable lessons for us today, especially as we continue on the slow road to recovery. Before becoming Federal Reserve Chairman, Ben Ber-nanke was a noted scholar of economic history, and there is little doubt that his insights on the Great Depression and other crises were a great advantage. In June, the Federal Reserve Bank of Atlanta and Emory University invited leading experts to a workshop to present new research on monetary and financial history. (During the four-day event, 17 presentations were made, many of which are available on the Federal Reserve Bank of Atlanta's website at frbatlanta. …

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