Bank Runs and Bailouts: Financial Panics in US History and their Lessons

In this course, we explore the history of financial panics in US History from the early 19th century through the 20th century. Highlights include the Panic of 1837, the Depression of the 1890s, the Great Depression of the 1930s and the era of stagflation of the 1970s as key moments in US history when old economic orthodoxies were put aside and new ones created.  Key policy choices such as whether to have a national bank, a federal reserve, a gold standard or large federal deficit all factor in—even as the fundamental roles of citizens, governments, corporations and working families were debated and changed. This course will be recorded. Enrolled students will have access to videos for the duration of the course.