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The Process of Change in American Banking: Political Economy and the Public Purpose
The Process of Change in American Banking Political Economy and the Public Purpose Author:Jeremy F. Taylor Taylor focuses on the recent changes in the U.S. banking system, analyzing the underlying reasons for these changes and proposing solutions to problems plaguing the industry. The author examines the current banking crisis against the background of historical changes in U.S. banking, demonstrating that banking change in this country is most often... more » crisis driven--due primarily to the failure of the legislature and the government to solve major problems before they become major crises. The considerable influence of politics on the U.S. banking system is also explored in depth.« less