Bailouts : : Public Money, Private Profit / / ed. by Robert Wright.
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 b...
Saved in:
Superior document: | Title is part of eBook package: De Gruyter Columbia University Press eBook-Package Backlist 2000-2013 |
---|---|
MitwirkendeR: | |
HerausgeberIn: | |
Place / Publishing House: | New York, NY : : Columbia University Press, , [2010] ©2010 |
Year of Publication: | 2010 |
Language: | English |
Series: | A Columbia / SSRC Book (Privatization of Risk)
|
Online Access: | |
Physical Description: | 1 online resource (160 p.) |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
9780231521734 |
---|---|
lccn |
2009031806 |
ctrlnum |
(DE-B1597)459448 (OCoLC)979904264 |
collection |
bib_alma |
record_format |
marc |
spelling |
Bailouts : Public Money, Private Profit / ed. by Robert Wright. New York, NY : Columbia University Press, [2010] ©2010 1 online resource (160 p.) text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda A Columbia / SSRC Book (Privatization of Risk) Frontmatter -- Contents -- Introduction. To Bail or Not to Bail? -- 1. Hybrid Failures and Bailouts. Social Costs, Private Profits -- 2. Financial Crises and Government Responses. Lessons Learned -- 3. The Evolution of the Reconstruction Finance Corporation as a Lender of Last Resort in the Great Depression -- 4. After the Storm. The Long-Run Impact of Bank Bailouts -- Contributors restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star 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. HackerLaid Off, Laid Low: Political and Economic Consequences of Employment InsecurityEdited by Katherine S. NewmanPensions, Social Security, and the Privatization of RiskEdited by Mitchell A. Orenstein Issued also in print. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022) Bailouts (Government policy) Bank failures United States. Corporate reorganizations United States. Corporate turnarounds United States. Finance - Government policy - United States. Finance Government policy United States. Financial crises United States. Intervention (Federal government) United States. POLITICAL SCIENCE / Public Policy / Economic Policy. bisacsh Gup, Benton E., contributor. ctb https://id.loc.gov/vocabulary/relators/ctb Jensen, Nathan M., contributor. ctb https://id.loc.gov/vocabulary/relators/ctb Mason, Joseph R., contributor. ctb https://id.loc.gov/vocabulary/relators/ctb Rosas, Guillermo, contributor. ctb https://id.loc.gov/vocabulary/relators/ctb Wright, Robert E., contributor. ctb https://id.loc.gov/vocabulary/relators/ctb Wright, Robert, editor. edt http://id.loc.gov/vocabulary/relators/edt Title is part of eBook package: De Gruyter Columbia University Press eBook-Package Backlist 2000-2013 9783110442472 print 9780231150552 https://doi.org/10.7312/wrig15054 https://www.degruyter.com/isbn/9780231521734 Cover https://www.degruyter.com/document/cover/isbn/9780231521734/original |
language |
English |
format |
eBook |
author2 |
Gup, Benton E., Gup, Benton E., Jensen, Nathan M., Jensen, Nathan M., Mason, Joseph R., Mason, Joseph R., Rosas, Guillermo, Rosas, Guillermo, Wright, Robert E., Wright, Robert E., Wright, Robert, Wright, Robert, |
author_facet |
Gup, Benton E., Gup, Benton E., Jensen, Nathan M., Jensen, Nathan M., Mason, Joseph R., Mason, Joseph R., Rosas, Guillermo, Rosas, Guillermo, Wright, Robert E., Wright, Robert E., Wright, Robert, Wright, Robert, |
author2_variant |
b e g be beg b e g be beg n m j nm nmj n m j nm nmj j r m jr jrm j r m jr jrm g r gr g r gr r e w re rew r e w re rew r w rw r w rw |
author2_role |
MitwirkendeR MitwirkendeR MitwirkendeR MitwirkendeR MitwirkendeR MitwirkendeR MitwirkendeR MitwirkendeR MitwirkendeR MitwirkendeR HerausgeberIn HerausgeberIn |
author_sort |
Gup, Benton E., |
title |
Bailouts : Public Money, Private Profit / |
spellingShingle |
Bailouts : Public Money, Private Profit / A Columbia / SSRC Book (Privatization of Risk) Frontmatter -- Contents -- Introduction. To Bail or Not to Bail? -- 1. Hybrid Failures and Bailouts. Social Costs, Private Profits -- 2. Financial Crises and Government Responses. Lessons Learned -- 3. The Evolution of the Reconstruction Finance Corporation as a Lender of Last Resort in the Great Depression -- 4. After the Storm. The Long-Run Impact of Bank Bailouts -- Contributors |
title_sub |
Public Money, Private Profit / |
title_full |
Bailouts : Public Money, Private Profit / ed. by Robert Wright. |
title_fullStr |
Bailouts : Public Money, Private Profit / ed. by Robert Wright. |
title_full_unstemmed |
Bailouts : Public Money, Private Profit / ed. by Robert Wright. |
title_auth |
Bailouts : Public Money, Private Profit / |
title_alt |
Frontmatter -- Contents -- Introduction. To Bail or Not to Bail? -- 1. Hybrid Failures and Bailouts. Social Costs, Private Profits -- 2. Financial Crises and Government Responses. Lessons Learned -- 3. The Evolution of the Reconstruction Finance Corporation as a Lender of Last Resort in the Great Depression -- 4. After the Storm. The Long-Run Impact of Bank Bailouts -- Contributors |
title_new |
Bailouts : |
title_sort |
bailouts : public money, private profit / |
series |
A Columbia / SSRC Book (Privatization of Risk) |
series2 |
A Columbia / SSRC Book (Privatization of Risk) |
publisher |
Columbia University Press, |
publishDate |
2010 |
physical |
1 online resource (160 p.) Issued also in print. |
contents |
Frontmatter -- Contents -- Introduction. To Bail or Not to Bail? -- 1. Hybrid Failures and Bailouts. Social Costs, Private Profits -- 2. Financial Crises and Government Responses. Lessons Learned -- 3. The Evolution of the Reconstruction Finance Corporation as a Lender of Last Resort in the Great Depression -- 4. After the Storm. The Long-Run Impact of Bank Bailouts -- Contributors |
isbn |
9780231521734 9783110442472 9780231150552 |
callnumber-first |
H - Social Science |
callnumber-subject |
HB - Economic Theory and Demography |
callnumber-label |
HB3722 |
callnumber-sort |
HB 43722 B35 42010 |
geographic_facet |
United States. |
url |
https://doi.org/10.7312/wrig15054 https://www.degruyter.com/isbn/9780231521734 https://www.degruyter.com/document/cover/isbn/9780231521734/original |
illustrated |
Not Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
338 - Production |
dewey-full |
338.973/02 338.97302 |
dewey-sort |
3338.973 12 |
dewey-raw |
338.973/02 338.97302 |
dewey-search |
338.973/02 338.97302 |
doi_str_mv |
10.7312/wrig15054 |
oclc_num |
979904264 |
work_keys_str_mv |
AT gupbentone bailoutspublicmoneyprivateprofit AT jensennathanm bailoutspublicmoneyprivateprofit AT masonjosephr bailoutspublicmoneyprivateprofit AT rosasguillermo bailoutspublicmoneyprivateprofit AT wrightroberte bailoutspublicmoneyprivateprofit AT wrightrobert bailoutspublicmoneyprivateprofit |
status_str |
n |
ids_txt_mv |
(DE-B1597)459448 (OCoLC)979904264 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Columbia University Press eBook-Package Backlist 2000-2013 |
is_hierarchy_title |
Bailouts : Public Money, Private Profit / |
container_title |
Title is part of eBook package: De Gruyter Columbia University Press eBook-Package Backlist 2000-2013 |
author2_original_writing_str_mv |
noLinkedField noLinkedField noLinkedField noLinkedField noLinkedField noLinkedField noLinkedField noLinkedField noLinkedField noLinkedField noLinkedField noLinkedField |
_version_ |
1806143035825717248 |
fullrecord |
<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>05446nam a22008895i 4500</leader><controlfield tag="001">9780231521734</controlfield><controlfield tag="003">DE-B1597</controlfield><controlfield tag="005">20220302035458.0</controlfield><controlfield tag="006">m|||||o||d||||||||</controlfield><controlfield tag="007">cr || ||||||||</controlfield><controlfield tag="008">220302t20102010nyu fo d z eng d</controlfield><datafield tag="010" ind1=" " ind2=" "><subfield code="a">2009031806</subfield></datafield><datafield tag="019" ind1=" " ind2=" "><subfield code="a">(OCoLC)1013962593</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780231521734</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.7312/wrig15054</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-B1597)459448</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)979904264</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-B1597</subfield><subfield code="b">eng</subfield><subfield code="c">DE-B1597</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">nyu</subfield><subfield code="c">US-NY</subfield></datafield><datafield tag="050" ind1="0" ind2="0"><subfield code="a">HB3722</subfield><subfield code="b">.B35 2010</subfield></datafield><datafield tag="050" ind1=" " ind2="4"><subfield code="a">HB3722 .B35 2010</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">POL024000</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="082" ind1="0" ind2="4"><subfield code="a">338.973/02</subfield><subfield code="a">338.97302</subfield></datafield><datafield tag="245" ind1="0" ind2="0"><subfield code="a">Bailouts :</subfield><subfield code="b">Public Money, Private Profit /</subfield><subfield code="c">ed. by Robert Wright.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">New York, NY : </subfield><subfield code="b">Columbia University Press, </subfield><subfield code="c">[2010]</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">©2010</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (160 p.)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">computer</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">online resource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="347" ind1=" " ind2=" "><subfield code="a">text file</subfield><subfield code="b">PDF</subfield><subfield code="2">rda</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">A Columbia / SSRC Book (Privatization of Risk)</subfield></datafield><datafield tag="505" ind1="0" ind2="0"><subfield code="t">Frontmatter -- </subfield><subfield code="t">Contents -- </subfield><subfield code="t">Introduction. To Bail or Not to Bail? -- </subfield><subfield code="t">1. Hybrid Failures and Bailouts. Social Costs, Private Profits -- </subfield><subfield code="t">2. Financial Crises and Government Responses. Lessons Learned -- </subfield><subfield code="t">3. The Evolution of the Reconstruction Finance Corporation as a Lender of Last Resort in the Great Depression -- </subfield><subfield code="t">4. After the Storm. The Long-Run Impact of Bank Bailouts -- </subfield><subfield code="t">Contributors</subfield></datafield><datafield tag="506" ind1="0" ind2=" "><subfield code="a">restricted access</subfield><subfield code="u">http://purl.org/coar/access_right/c_16ec</subfield><subfield code="f">online access with authorization</subfield><subfield code="2">star</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">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. HackerLaid Off, Laid Low: Political and Economic Consequences of Employment InsecurityEdited by Katherine S. NewmanPensions, Social Security, and the Privatization of RiskEdited by Mitchell A. Orenstein</subfield></datafield><datafield tag="530" ind1=" " ind2=" "><subfield code="a">Issued also in print.</subfield></datafield><datafield tag="538" ind1=" " ind2=" "><subfield code="a">Mode of access: Internet via World Wide Web.</subfield></datafield><datafield tag="546" ind1=" " ind2=" "><subfield code="a">In English.</subfield></datafield><datafield tag="588" ind1="0" ind2=" "><subfield code="a">Description based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022)</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Bailouts (Government policy)</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Bank failures</subfield><subfield code="z">United States.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Corporate reorganizations</subfield><subfield code="z">United States.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Corporate turnarounds</subfield><subfield code="z">United States.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Finance - Government policy - United States.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Finance</subfield><subfield code="x">Government policy</subfield><subfield code="z">United States.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Financial crises</subfield><subfield code="z">United States.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Intervention (Federal government)</subfield><subfield code="z">United States.</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">POLITICAL SCIENCE / Public Policy / Economic Policy.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Gup, Benton E., </subfield><subfield code="e">contributor.</subfield><subfield code="4">ctb</subfield><subfield code="4">https://id.loc.gov/vocabulary/relators/ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Jensen, Nathan M., </subfield><subfield code="e">contributor.</subfield><subfield code="4">ctb</subfield><subfield code="4">https://id.loc.gov/vocabulary/relators/ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Mason, Joseph R., </subfield><subfield code="e">contributor.</subfield><subfield code="4">ctb</subfield><subfield code="4">https://id.loc.gov/vocabulary/relators/ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Rosas, Guillermo, </subfield><subfield code="e">contributor.</subfield><subfield code="4">ctb</subfield><subfield code="4">https://id.loc.gov/vocabulary/relators/ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Wright, Robert E., </subfield><subfield code="e">contributor.</subfield><subfield code="4">ctb</subfield><subfield code="4">https://id.loc.gov/vocabulary/relators/ctb</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Wright, Robert, </subfield><subfield code="e">editor.</subfield><subfield code="4">edt</subfield><subfield code="4">http://id.loc.gov/vocabulary/relators/edt</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">Columbia University Press eBook-Package Backlist 2000-2013</subfield><subfield code="z">9783110442472</subfield></datafield><datafield tag="776" ind1="0" ind2=" "><subfield code="c">print</subfield><subfield code="z">9780231150552</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.7312/wrig15054</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://www.degruyter.com/isbn/9780231521734</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="3">Cover</subfield><subfield code="u">https://www.degruyter.com/document/cover/isbn/9780231521734/original</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">978-3-11-044247-2 Columbia University Press eBook-Package Backlist 2000-2013</subfield><subfield code="c">2000</subfield><subfield code="d">2013</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_BACKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_CL_SN</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EBACKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EBKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ECL_SN</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EEBKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ESSHALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_PPALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_SSHALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_STMALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV-deGruyter-alles</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA11SSHE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA12STME</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA13ENGE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA17SSHEE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA5EBK</subfield></datafield></record></collection> |