{"product_id":"book-hnmd","title":"The Panic of 1907, 2nd Edition","description":"\u003cb\u003eAn authoritative \"biography\" of one of history's great financial crises with enduring lessons about contemporary finance\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e\nIn this newly-revised second edition, offering 50% entirely new material, \u003ci\u003eThe Panic of 1907: Heralding a New Era of Finance, Capitalism, and Democracy\u003c\/i\u003e, delivers a groundbreaking examination of one of the most consequential crises in financial history. Deftly weaving historical evidence, insightful analysis, and compelling narrative, \u003ci\u003eThe Panic of 1907\u003c\/i\u003e explains how and why a financial panic unfolds, with lessons that can be applied to our understanding of present-day financial and monetary systems. In the book, you'll find: the reasons why, despite today's stronger monetary regime and risk-mitigation tools, our modern institutions are not immune to future crises; explanations about the development of the United States' Federal Reserve System, which was created in 1913 in direct response to the Panic of 1907; and an engaging and entertaining account of an innately fascinating period in financial and economic history, with remarkable leaders and a gallery of rogues.\u003cbr\u003e\u003cbr\u003e\nAn indispensable tale that belongs on the shelves of anyone with an interest in American or financial history, \u003ci\u003eThe Panic of 1907\u003c\/i\u003e is an expert retelling of one of the most important, but least well-known crises of the last 200 years.","brand":"Ascent Audio","offers":[{"title":"Audiobook","offer_id":49354916167984,"sku":"BDhnmd","price":24.99,"currency_code":"USD","in_stock":true},{"title":"Audio CD","offer_id":49354916266288,"sku":"ZEhnmd","price":49.99,"currency_code":"USD","in_stock":true},{"title":"Audio MP3-CD","offer_id":49354916331824,"sku":"ZMhnmd","price":45.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0879\/2784\/9264\/files\/433344-hnmd-Square.jpg?v=1734374844","url":"https:\/\/downpour.com\/products\/book-hnmd","provider":"Downpour","version":"1.0","type":"link"}