Path Dependence in Financial/Monetary Systems
Podcast: The Economic History Podcast (LS 39 · TOP 2% what is this?)Episode: Path Dependence in Financial/Monetary SystemsPub date: 2025-12-02Get Podcast Transcript →powered by Listen411 - fast audio-to-text and summarizationIn this episode, Professor Michael Bordo talks about his finding on the countries that "learned" to develop financial stability through history versus those that did not. Mike also walks us through the historical evolution of the Canadian and US banking systems, contrasting the relative stability of the former with the instability of the latter. We discuss…
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