Bailouts: Public Money, Private Profit - A Columbia / SSRC Book (Privatization of Risk) (Paperback)
  • Bailouts: Public Money, Private Profit - A Columbia / SSRC Book (Privatization of Risk) (Paperback)
zoom

Bailouts: Public Money, Private Profit - A Columbia / SSRC Book (Privatization of Risk) (Paperback)

(editor)
£13.99
Paperback 160 Pages / Published: 23/02/2010
  • We can order this

Usually dispatched within 1 week

  • This item has been added to your basket
Today's financial crisis is the result of dismal failures on the part of regulators, market analysts, and corporate executives. Yet the response of the American government has been to bail out the very institutions and individuals that have wrought such havoc upon the nation. Are such massive bailouts really called for? Can they succeed? Robert E. Wright and his colleagues provide an unbiased history of government bailouts and a frank assessment of their effectiveness. Their book recounts colonial America's struggle to rectify the first dangerous real estate bubble and the British government's counterproductive response. It explains how Alexander Hamilton allowed central banks and other lenders to bail out distressed but sound businesses without rewarding or encouraging the risky ones. And it shows how, in the second half of the twentieth century, governments began to bail out distressed companies, industries, and even entire economies in ways that subsidized risk takers while failing to reinvigorate the economy. By peering into the historical uses of public money to save private profit, this volume suggests better ways to control risk in the future. Additional Columbia / SSRC books on the privatization of risk and its implications for Americans: Health at Risk: America's Ailing Health System--and How to Heal ItEdited by Jacob S. Hacker Laid Off, Laid Low: Political and Economic Consequences of Employment InsecurityEdited by Katherine S. Newman Pensions, Social Security, and the Privatization of RiskEdited by Mitchell A. Orenstein

Publisher: Columbia University Press
ISBN: 9780231150552
Number of pages: 160
Weight: 213 g
Dimensions: 210 x 140 x 13 mm

You may also be interested in...

Public Finance and Public Policy
Added to basket
Socialism: A Very Short Introduction
Added to basket
Malthus: A Very Short Introduction
Added to basket
How Much is Enough?
Added to basket
Law, Legislation and Liberty
Added to basket
The Globalization Paradox
Added to basket
The Map and the Territory 2.0
Added to basket
Vietnam
Added to basket
£12.99
Paperback
The Shock Doctrine
Added to basket
£12.99
Paperback
Capitalism: A Very Short Introduction
Added to basket
Stress Test
Added to basket
£9.99
Paperback
The Wages of Destruction
Added to basket
Global Political Economy
Added to basket
Currency Wars
Added to basket
£14.99
Paperback
A Brief History of Neoliberalism
Added to basket
The Federal Reserve
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.