We use daily transactional ledger data from the Bank of England's Archive to test whether and to what extent the Bank of England during the mid-nineteenth century adhered to Walter Bagehot's rule that a central bank in a financial crisis should lend cash freely at a high interest rate in...

Introduction -- Regime complexity and main argument -- Dramatis institutiones -- Euro crisis in a nutshell -- Greece 2010 -- The Troika, Ireland, and Portugal -- Spain and Italy -- United States and International Monetary Fund -- New facilities and institutions -- Greece 2012 and Cyprus 2013 --...