chapter  6
45 Pages

Financial Instability Revisited: The Economics of Disaster

The original draft of this paper was written in the fall of 1966 and it was reo vised in January 1970. I wish to thank Maurice I. Townsend, Lawrence H. Seltzer, and Bernard Shull for their comments and encouragement. Needless to say, any errors of fact or fancy are my responsibility.