Saturday, September 20, 2008

Historic panics

The Wall Street Journal has a worthwhile overview of "Government Bailouts: A U.S. Tradition Dating to Hamilton," covering over 200 years of financial crises. And while I agree with historian Robert E. Wright about Hamilton's efficacy, naming a kid Alexander Hamilton Was Wright is more than I would do. Here are links to my pieces covering the Panic of 1792 and the Panic of 1907, and to a relevant radio interview. [UPDATE: radio link no longer available.]