
Fragile by Design
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Our take on the Fragile by Design
Fragile by Design is a 2015 Princeton University Press paperback by Charles W. Calomiris (with Stephen H. Haber) on why banking systems are crisis-prone. It argues that bank instability is shaped by political bargains between governments, banks and voters, not by accident or pure market failure. The best new price is $20.00 at alibris as of November 7, 2026, with 3 stores selling it new.