The Crisis in American Banking

Frontmatter -- Contents -- Foreword -- Introduction -- 1. Why Is the U.S. Banking Industry in Trouble? Business Cycles, Loan Losses, and Deposit Insurance -- 2. Public-Sector Deficits and Private-Sector Performance -- 3. An Empirical Analysis of Public Choice Aspects of the Savings and Loan Disaster -- 4. Bankers as Scapegoats for Government-Created Crises in U.S. History -- 5. Deposit Insurance Reform Is Not Enough -- 6. The Diminishing Role of Commercial Banking in the U.S. Economy -- Contributors -- Index