Last Resort: The Financial Crisis and the Future of Bailouts
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Book Overview
The bailouts during the recent financial crisis enraged the public. They felt unfair--and counterproductive: people who take risks must be allowed to fail. If we reward firms that make irresponsible investments, costing taxpayers billions of dollars, aren't we encouraging them to continue to act irresponsibly, setting the stage for future crises? And beyond the ethics of it was the question of whether the government even had the authority to bail...
Format:Hardcover
Language:English
ISBN:022642006X
ISBN13:9780226420066
Release Date:April 2018
Publisher:University of Chicago Press
Length:272 Pages
Weight:1.75 lbs.
Dimensions:1.1" x 6.1" x 9.1"
Related Subjects
Business Business & Investing History Law Political Science Politics & Social SciencesCustomer Reviews
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