Binghamton University - Look to 1792 for economic lessons

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Look to 1792 for economic lessons

Alexander Hamilton’s handling of the panic of 1792 provides lessons for today’s economic turmoil, a financial historian said at the March 13 "Romano Lecture". “If you have a really good leader in a crisis, the leader acts boldly,” Richard Sylla told an audience at the Anderson Center Chamber Hall. “You don’t waver and you don’t change your mind. You want to keep the banks lending.”