Enrique Jorge-Sotelo @ejorgesotelo.bsky.social · 03/03/2025🪙 I am happy to share "Goodbye connections, hello Bagehot: democratization, lender of last resort independence and bank failures in Spain in 1931", published at The Economic History Review today (lnkd.in/d9AMUYuj) 🪙 A paper about bank failures, political connections, LOLR independence and bailouts. 051