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.
- ISBN10 1598130668
- ISBN13 9781598130669
- Publish Date 23 June 2014 (first published 10 January 2012)
- Publish Status Active
- Publish Country US
- Imprint Independent Institute
- Format eBook
- Pages 400
- Language English