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The Panic of 1907 and the High Tide of Progressivism (B)
Bruner, Robert F. Case F-1782 / Published October 17, 2017 / 4 pages. Collection: Darden School of Business
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Product Overview

This follow-up to "The Panic of 1907 and the High Tide of Progressivism (A)" (UVA-F-1781) explores how well the Federal Reserve Act of 1913 addressed the issues exposed by the Panic of 1907, as well as providing further food for thought about financial reform.



Learning Objectives

The A and B cases are a vehicle for illuminating the dynamics of financial crises; comparing systems for financial stability such as clearinghouse associations (a private-market policy) and central banks (a governmental policy); considering the origin of the US Federal Reserve System; and exploring the dynamics of government policy making in the context of a regime shift in political sentiment.


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  • Overview

    This follow-up to "The Panic of 1907 and the High Tide of Progressivism (A)" (UVA-F-1781) explores how well the Federal Reserve Act of 1913 addressed the issues exposed by the Panic of 1907, as well as providing further food for thought about financial reform.

  • Learning Objectives

    Learning Objectives

    The A and B cases are a vehicle for illuminating the dynamics of financial crises; comparing systems for financial stability such as clearinghouse associations (a private-market policy) and central banks (a governmental policy); considering the origin of the US Federal Reserve System; and exploring the dynamics of government policy making in the context of a regime shift in political sentiment.