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Cushioning a Crisis in the London Money Market

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  • Hidy, Ralph W.

Abstract

Any person who could devise measures by which the fluctuations in modern business could be eliminated, or materially reduced, would undoubtedly carve for himself a deep niche in the Hall of Fame. Both business men and observers of economic phenomena have noted that recurring crises seem almost as inevitable as the setting of the sun, if not so regular. If the severity of crises could be mitigated, solvent firms might not fail as often as they do, and the erratic economic course of man might not be subject to such violent ups and downs.

Suggested Citation

  • Hidy, Ralph W., 1946. "Cushioning a Crisis in the London Money Market," Business History Review, Cambridge University Press, vol. 20(5), pages 131-145, November.
    • Handle: RePEc:cup:buhirw:v:20:y:1946:i:05:p:131-145_00
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