From Wall Street to Bay Street
The Origins and Evolution of American and Canadian Finance
By Joe Martin and Chris Kobrak | Publisher: University of Toronto Press
About the book
The 2008 financial crisis rippled across the globe and triggered a worldwide recession Unlike the American banking system which eperienced massive losses takeovers and tapayer funded bailouts Canada's banking system withstood the crisis relatively well and maintained its liquidity and profitability The divergence in the two banking systems can be traced to their distinct institutional and political histories rom Wall Street to Bay Street< i> is the first book for a lay audience to tackle the similarities and differences between the financial systems of Canada and the United States Christopher Kobrak and Joe Martin reveal the different paths each system has taken since the early nineteenthcentury despite the fact that they both originate from the British system The authors trace the roots of each country's financial systems back to Aleander Hamilton and insightfully argue that while Canada has preserved a Hamiltonian financial tradition the United States has favoured the populist Jacksonian tradition since the 830s The sporadic and inconsistent fashion in which the American system have changed over time is at odds with the evolutionary path taken by the Canadian system rom Wall Street to Bay Street< i> offers a timely and accessible comparison of financial systems that reflects the political and cultural milieus of two of the world's top ten economies < i>< i>< i>< i>< i>< i>
Editions of From Wall Street to Bay Street
- Hardcover
- ISBN 9781442648210
- Paperback
- ISBN 9781442616257
- EBook
- ISBN 9781442616325
- PDF
- ISBN 9781442616318
Read an Excerpt
The 2008 financial crisis rippled across the globe and triggered a worldwide recession Unlike the American banking system which eperienced massive losses takeovers and tapayer funded bailouts Canada's banking system withstood the crisis relatively well and maintained its liquidity and profitability The divergence in the two banking systems can be traced to their distinct institutional and political histories rom Wall Street to Bay Street< i> is the first book for a lay audience to tackle the similarities and differences between the financial systems of Canada and the United States Christopher Kobrak and Joe Martin reveal the different paths each system has taken since the early nineteenthcentury despite the fact that they both originate from the British system The authors trace the roots of each country's financial systems back to Aleander Hamilton and insightfully argue that while Canada has preserved a Hamiltonian financial tradition the United States has favoured the populist Jacksonian tradition since the 830s The sporadic and inconsistent fashion in which the American system have changed over time is at odds with the evolutionary path taken by the Canadian system rom Wall Street to Bay Street< i> offers a timely and accessible comparison of financial systems that reflects the political and cultural milieus of two of the world's top ten economies < i>< i>< i>< i>< i>< i>
Frequently Asked Questions
What is From Wall Street to Bay Street about?
The 2008 financial crisis rippled across the globe and triggered a worldwide recession Unlike the American banking system which eperienced massive losses takeovers and tapayer funded bailouts Canada's banking system withstood the crisis relatively well and maintained its liquidity and profitability The divergence in the two banking systems can be traced to their distinct institutional and political histories rom Wall Street to Bay Street< i> is the first book for a lay audience to tackle the similarities and differences between the financial systems of Canada and the United States Christopher Kobrak and Joe Martin reveal the different paths each system has taken since the early nineteenthcentury despite the fact that they both originate from the British system The authors trace the roots of each country's financial systems back to Aleander Hamilton and insightfully argue that while Canada has preserved a Hamiltonian financial tradition the United States has favoured the populist Jacksonian tradition since the 830s The sporadic and inconsistent fashion in which the American system have changed over time is at odds with the evolutionary path taken by the Canadian system rom Wall Street to Bay Street< i> offers a timely and accessible comparison of financial systems that reflects the political and cultural milieus of two of the world's top ten economies < i>< i>< i>< i>< i>< i>
What core themes, tropes, or subjects are explored in From Wall Street to Bay Street?
Economics, Finance, Business and Management > Business and Management
Where can I read a sample of From Wall Street to Bay Street?
You can read an official preview of the few pages here https://www.book2look.com/book/9781442648210
Who is/are the Author/s of the book From Wall Street to Bay Street?
Joe Martin and Chris Kobrak
What are the ISBN numbers for the physical and digital editions?
From Wall Street to Bay Street is available as hardcover(ISBN 9781442648210) and paperback(ISBN 9781442616257) and ebook(ISBN 9781442616325) and pdf(ISBN 9781442616318)
Where can I buy From Wall Street to Bay Street online or support local independent bookshops?
You can buy From Wall Street to Bay Street from below
Where can I buy From Wall Street to Bay Street?