Financing Failure

A Century of Bailouts

Business & Finance, Finance & Investing, Finance
Cover of the book Financing Failure by Vern McKinley, Independent Institute
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Author: Vern McKinley ISBN: 9781598130560
Publisher: Independent Institute Publication: January 10, 2012
Imprint: Independent Institute Language: English
Author: Vern McKinley
ISBN: 9781598130560
Publisher: Independent Institute
Publication: January 10, 2012
Imprint: Independent Institute
Language: English

Probably no issue during the most recent financial crisis aroused more passion than financial institution bailouts. Focusing on the policymaking behind the decisions to bail out these institutions—not just during the most recent crisis, but also throughout history—this account argues that the genesis of financial crisis lies in government policy, whether in the mismanagement of monetary policy during the 1930s or in the extraordinary push of consumers into homeownership leading up to the current crisis. This detailed analysis is an essential read in order to understand why the United States has become so reliant on such interventions.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Probably no issue during the most recent financial crisis aroused more passion than financial institution bailouts. Focusing on the policymaking behind the decisions to bail out these institutions—not just during the most recent crisis, but also throughout history—this account argues that the genesis of financial crisis lies in government policy, whether in the mismanagement of monetary policy during the 1930s or in the extraordinary push of consumers into homeownership leading up to the current crisis. This detailed analysis is an essential read in order to understand why the United States has become so reliant on such interventions.

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