The bankers' panic of 1907 -- The Emergency Currency Act -- Financial heterodoxy gains ground -- Central banking and agricultural credit -- From armistice to depression -- The 1930s banking crisis -- The Emergency Banking act -- The Banking Act of 1933 -- Government programs and mutual aid --...

Main description: Commercial banks are among the oldest and most familiar financial institutions. When they work well, we hardly notice; when they do not, we rail against them. What are the historical forces that have shaped the modern banking system? In Unsettled Account, Richard Grossman takes...