Wednesday, February 27, 2008 | 12:00 AM
MUSEUM OF AMERICAN FINANCE
48 Wall Street | New York, NY 10005
Tel: 212.908.4110 | Fax: 212.742.0573
Taking a long-run view of the development of financial services, Professor Ferguson argues that evolutionary forces are as much at work in the realm of money as they are in the natural world. As the subprime mortgage crisis works its way through the global financial system, the coming months will determine how far, in terms of its economic impact, the current crisis is a true "ice age" as opposed to just a severe winter.