Book: Wright Robert «Bailouts: Public Money, Private Profit»

Bailouts: Public Money, Private Profit

Серия: "-"

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.

Издательство: "Columbia UP" (2010)

Купить за 897 руб в My-shop

Look at other dictionaries:

  • Public transport — This article is about passenger transportation systems. For mathematics, see transportation theory. For other uses, see Mass transit (disambiguation). Public infrastructure Assets and facilities …   Wikipedia

  • Bailout — For other uses of the term, see Bailout (disambiguation). In economics, a bailout is an act of loaning or giving capital to an entity (a company, a country, or an individual) that is in danger of failing, in an attempt to save it from bankruptcy …   Wikipedia

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • Federal Reserve System — FRB and FED redirect here. For other uses, see FRB (disambiguation) and FED (disambiguation). Federal Reserve System …   Wikipedia

  • Comparison of United States presidential candidates, 2008 — This article compares the presidential candidates in the United States 2008 presidential election. It does not cover previous elections. Because of ballot access restrictions in the United States, not all candidates appeared on the ballots in all …   Wikipedia

  • Criticism of the Federal Reserve — Part of a series on Government Public finance …   Wikipedia

  • Poland — /poh leuhnd/, n. a republic in E central Europe, on the Baltic Sea. 38,700,291; ab. 121,000 sq. mi. (313,400 sq. km). Cap.: Warsaw. Polish, Polska. * * * Poland Introduction Poland Background: Poland is an ancient nation that was conceived around …   Universalium

  • Nortel — Networks Corporation Type Public OTC Markets Group: NRTLQ Industry Telecommunications …   Wikipedia

  • James Wesley Rawles — (born 1960) is a non fiction author, survivalist fiction author, blogger, and survival retreat consultant. Rawles is a Christian conservative, constitutionalist libertarian. [http://www.survivalblog.com/biographies.html SurvivalBlog Staff… …   Wikipedia

  • Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.