Besomi, Daniele - In: Structural Change and Economic Dynamics 19 (2008) 4, pp. 330-341
In a paper read in 1848 before the Dublin Statistical Society, James Anthony Lawson propounded a theory of commercial crises based on a credit-overtrading-speculation mechanism. This view was quite widespread at the time, but it was couched in an original reinterpretation of the causal...