Manias, Panics, and Crashes: A History of Financial Crises with Professor Bob Aliber

Please join us as Professor Robert Aliber shares his insights into various banking crises, including the role of the Fed, the supply of credit, and the money supply.

Event Details

Professor Aliber will examine the interplay of real estate, speculation, inflation, and other factors. Notably, Aliber will shed light on the lessons investors can learn from the pandemic response and stimulus, as well as from the implosion of Silicon Valley Bank (a bank run that led to the outflow of $76 billion in a day, now a marker in the Guinness book of world records).

There have been more than seventy banking crises since 1980. Many have occurred in one of four waves that have involved three, four, or more countries. Every country that has experienced a crisis had previously experienced an economic boom—but not every boom was followed by a crisis. And every country that experienced a boom had experienced an increase in cross border investment inflows, which led to an increase in the price of its currency and higher prices for stocks and real estate.

The eighth edition of Manias, Panics, and Crashes: A History of Financial Crises, co-authored by Robert Aliber, was recently published.

$15, includes a drink ticket

Registration

Register Online

Deadline: 5/23/2023

Speaker Profiles

Professor Robert Aliber (Speaker)
Professor Emeritus of International Economics and Finance, University of Chicago Booth
https://www.chicagobooth.edu/faculty/emeriti/robert-aliber

Professor Robert Aliber has been the Houblon-Norman Fellow at the Bank of England, the Bundesbank professor at the Free University of Berlin, the JPMorgan Prize Fellow at the American Academy of Berlin, and a visiting scholar at the Woodrow Wilson Center for Scholars in Washington. He has been a visiting professor at the Amos Tuck School of Dartmouth College, the London Business School, Williams College, and Brandeis University, and has been a guest speaker at the University of Chicago Booth Finance Roundtable (most recently on January 9th 2020).

Questions

John Salvino, '06 
Chicago Booth Finance Roundtable Chair, Performance Wealth President