Last resort : the financial crisis and the future of bailouts / Eric A. Posner.
By: Posner, Eric A [author.].
Publisher: Chicago ; London : The University of Chicago Press, ©2018Description: 219 pages ; illustrations ; 24 cm.Content type: text Media type: unmediated Carrier type: volumeISBN: 9780226420066 (cloth : alk. paper).Subject(s): Financial crises -- United States | Bailouts (Government policy) -- United States | Intervention (Federal government) -- United States | Global Financial Crisis, 2008-2009Genre/Form: Print books.| Current location | Call number | Status | Date due | Barcode | Item holds |
|---|---|---|---|---|---|
| On Shelf | HB3722 .P666 2018 (Browse shelf) | Available | AU00000000014107 |
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| HB3722 .G76 2013 Wrong : nine economic policy disasters and what we can learn from them / | HB3722 .K43 2016 A critical history of financial crises : why would politicians and regulators spoil financial giants? / | HB3722 .K56 2011 Manias, panics and crashes : a history of financial crises / | HB3722 .P666 2018 Last resort : the financial crisis and the future of bailouts / | HB3722 .P67 2011 A failure of capitalism : the crisis of '08 and the descent into depression / | HB3722 .R45 2009 This time is different : eight centuries of financial folly / | HB3722 .R68 2011 Crisis economics : a crash course in the future of finance / |
Includes bibliographical references and index.
The transformation of the financial system -- Crisis -- The lawfulness of the rescue -- The trial of AIG -- Fannie and Freddie -- The bankruptcies of General Motors and Chrysler -- Takings and government action in emergencies -- Politics and reform.
Eric A. Posner argues that bailouts, like those that took place during the 2008-2009 financial crisis, have happened in the past and that they are both "necessary and unavoidable in any modern capitalist or market-based system." Posner analyzes bailouts from economic, political, and legal angles.--Provided by publisher.