British Financial Crises Since 1825
I have a chapter in a book which has just been published by Oxford University Press. The book is entitled British Financial Crises Since 1825. My chapter looks at the role capital and extended shareholder liability played in assuring British banking stability from 1826 until the 1930s, a theme which is developed at length in my new book Banking in Crisis. My colleague Gareth Campbell also has a chapter in the same book. His chapter looks at the Railway Mania and and the 1847 commercial crisis.