The 100 Most Important American Financial Crises: An Encyclopedia of the Lowest Points in American Economic History

(Hardback)

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Covering events such as banking crises, economic bubbles, natural disasters, trade embargoes, and depressions, this single-volume encyclopedia of major U.S. financial downturns provides readers with an event-driven understanding of the evolution of the American economy. The United States has fairly recently experienced the worst economic downturn since the Great Depression. But crippling financial crises are hardly unusual: economic emergencies have occurred throughout American history and can be seen as a cyclical and "normal" (if undesirable) aspect of an economic system. This encyclopedia supplies objective, accessible, and interesting entries on 100 major U.S. financial crises from the Colonial era to today that have had tremendous domestic impactand in many cases, global impact as well. The entries explore the history and impact of major economic events, including banking crises, economic shortages, recessions, national strikes and labor upheavals, natural resource shortages, panics, real estate bubbles, social upheavals, and the collapse of specific American industries such as rubber and steel production. Students will find this book an essential ready-reference on key events in American economic history that documents how and why these events led to significant financial and economic problems throughout the United States and around the globe.

Reviews

[U]seful for students to be able to readily compare the events that precipitated major financial disasters. . . . The work does deliver cogent, succinct descriptions of the financial events that ensue in the wake of institutional and structural corruption or ineptitude throughout American history. * Reference Reviews *

Author Bio

Quentin R. Skrabec Jr., PhD, is professor of business at the University of Findlay, Findlay, OH.