Our Financial Upheavals, Their Cause and Cure (Classic Reprint)

A reform-minded look at how corporate law can restore trust in America’s markets.

This analysis surveys the roots of financial upheaval and outlines practical steps to prevent future crises.

This edition frames two major dangers facing the nation’s finance system and argues for a clear, workable set of reforms. It makes the case for education, legislative action, and swift courts to ensure that investors and the public receive honest, transparent information about corporate structure and conduct.

• Identify the two key risks that threaten investor confidence and national prosperity.
• Propose a federal framework for interstate corporations, paired with strong public disclosures and protections for stockholders.
• Recommend practical rules on capitalization, valuation, and the prevention of abuses in corporate governance.
• Emphasize the role of publicity and accountable courts in making reforms effective and lasting.

Ideal for readers of financial history and policy discussions who want a clear, actionable view of how to modernize corporate law and restore public confidence.