We review developments in the history of money, banking, and financial intermediation over the last twenty years. We focus on studies of financial development, including the role of regulation and the history of central banking. We also review the literature of banking and financial crises. This...

The Impact of Microcredit on the Poor in Bangladesh: Revisiting the Evidence,' by David Roodman and Jonathan Morduch (2014) is the most recent of a sequence of papers and postings that seeks to refute the findings of the Pitt and Khandker (1998) article 'The Impact of Group-Based Credit on Poor...