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Dr. Richard Sylla Speaks at Millsaps College on "Lessons from Financial Crises"

by Web on February 5, 2016

Dr. Richard Sylla, the Henry Kaufman Professor of the History of Financial Institutions and Markets and a professor of economics at New York University Stern School of Business, is scheduled to speak about “Lessons from Financial Crises” on Feb. 22 at 7 p.m. at Millsaps College in Room 200 of Murrah Hall.

Sylla’s lecture is sponsored by the Millsaps College Phi Beta Kappa chapter and the economics program.

Sylla, who is the author of The American Capital Market and A History of Interest Rates, teaches courses in financial history, economic and business history of the United States, and comparative enterprise systems. His primary areas of research include historical studies of money, banking, and finance.

Financial historians know that crises were frequent in U.S. history, including those 1792, 1819, 1837, 1839-1841, 1857, 1873, 1884, 1890, 1893, 1907, 1930-1933 and 2007-2009.

“In this talk I discuss what we can—and should—learn from the long history of financial crises,” Sylla said. “There is a definite pattern to them. Knowing it can prepare one for the next crisis, and perhaps suffer less from it. I also discuss some of the important political, social, and regulatory effects of earlier crises in U.S. history.”

The lecture is free and open to the public.