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The Panic of 1893 – History, Emotion and Modeling

Wayne Zandbergen PhD, George Mason University The Panic of 1893 was the worst economic crisis encountered by the century-old United States. Like the Great Depression, the 1890’s presented a double dip recession with associated bank panics. Unlike the Depression, in 1893 there was little regulatory infrastructure in place to deal with the ensuing economic problems. […]

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