Bailouts - Public Money, Private Profit

Informationen zum Autor Edited by Robert E. Wright Klappentext Today's financial crisis was caused by the dismal failures 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? Are they capable of success? Helping to make sense of this hotly debated issue, Robert E. Wright and his colleagues provide an unbiased history of government bailouts and a frank assessment of their effectiveness. This book depicts colonial America's struggle with the country's first dangerous real estate bubble, as well as the British government's counterproductive response, which limited trade and shrank the money supply. Inhaltsverzeichnis 1. The Evolution of the Reconstruction Finance Corporation as a Lender of Last Resort in the Great Depression, by Joseph R. Mason, Louisiana State University and the Wharton School 2. Financial Crises and Government Responses: Lessons Learned, by Benton E. Gup, University of Alabama 3. Hybrid Failures and Bailouts: Social Costs, Private Profits, by Robert E. Wright, NYU Stern School of Business 4. After the Storm: The Long Run Impact of Bank Bailouts, by Guillermo Rosas and Nathan M. Jensen, Washington University in Saint Louis

Product details

• Authors: Robert Wright, Robert E. Wright
• Assisted by: Robert Wright (Editor), Robert E. Wright (Editor)
• Publisher: Columbia University Press
• Languages: English
• Product format: Paperback / Softback
• Released: 04.02.2010
• EAN: 9780231150552
• ISBN: 978-0-231-15055-2
• No. of pages: 160
• Series: Columbia University Press; Columbia / Ssrc Book (Privatiz; Columbia / SSRC Book (Privatization of Risk); A Columbia / SSRC Book (Privatization of Risk); A Columbia / SSRC Book (Privatization of Risk); Columbia / Ssrc Book (Privatiz
• Subjects: Non-fiction book > History > Miscellaneous; Social sciences, law, business > Business > Economics; USA, BUSINESS & ECONOMICS / Economic History, POLITICAL SCIENCE / Political Economy, BUSINESS & ECONOMICS / Banks & Banking, Banking, BUSINESS & ECONOMICS / Public Finance, Political Economy, United States of America, USA, Economic & financial crises & disasters, Economic and financial crises and disasters, Public finance, Public finance and taxation