Chapter 1: Financial Regulation: From Bank Runs to Climate Change | LFHSPBC

Chapter 1: Understanding How Banks Operate
In the 1930s, economic uncertainty among the public led to huge runs on US banks. The federal government responded by creating deposit insurance and asset regulations. As more and more crises occurred, bailouts and further regulations have become commonplace.
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Click below to watch the other videos in this series.
Chapter 1: • Chapter 1: Financial R...
Chapter 2: • Chapter 2: Financial R...
Chapter 3: • Chapter 3: Financial R...
Chapter 4: • Chapter 4: Financial R...
Additional resources:
Watch “How Government Policy Inflates Health Care Costs: The Curse of Cross-Subsidies,” with John Cochrane on PolicyEd. Available here: www.policyed.org/perspectives....
Watch “Does Government Debt Matter Anymore?” with John Cochrane on PolicyEd. Available here: www.policyed.org/perspectives....
Read “Why Hasn’t the Fed Done More to Fight Inflation?” by John Cochrane via Chicago Booth Review. Available here: www.chicagobooth.edu/review/w....
Read “The End of an Economic Illusion,” by John Cochrane via Project Syndicate. Available here: www.project-syndicate.org/com....
Read “Will Inflation Persist?” by John Cochrane via the Grumpy Economist. Available here: johnhcochrane.blogspot.com/20....
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Climate change is a long-term cyclic change in the world’s climate that extends over the entire existence of the Earth. It can be accelerated by multiple factors, with different levels of severity in outcome. One such hypothetical is human activity. Like all scientific theories/hypothesis it is still being studied and debated.