TY - BOOK AU - Gorton,Gary TI - Misunderstanding financial crises: why we don't see them coming SN - 9780199922901 (cloth : alk. paper) AV - HB 3722 G675m 2012 U1 - 338.5/42 23 PY - 2012/// CY - New York PB - Oxford University Press KW - Financial crises KW - United States KW - Monetary policy KW - Crisis financiera KW - Estados Unidos KW - Politica monetaria KW - Economic policy KW - Política económica N1 - Includes bibliographical references and index; Introduction -- Creating the quiet period -- Financial crises -- Liquidity and secrets -- Credit booms and manias -- The timing of crises -- Economic theory without history -- Debt during crises -- The quiet period and its end -- Moral hazard and too-big-to-fail -- Bank capital -- Fat cats, crisis costs, and the paradox of financial crises -- The panic of 2007-2008 -- The theory and practice of seeing ER -