Bericht
The great crisis and the American response
Senior Scholar James K. Galbraith argues the fundamental illusion of viewing the US economy through the free-market prism of deregulation, privatization, and a benevolent government operating mainly through monetary stabilization - the prevailing view among economists over the past three decades. The real sources of American economic power, he says, lie with those who manage and control the public-private sectors - especially the public institutions in those sectors - and who often have a political agenda in hand. Galbraith calls this the predator state: a government that is intent, not upon restructuring the rules in any idealistic way, but upon using the existing institutions as a device for political patronage on a grand scale. And it is closely aligned with financial deregulation.
- ISBN
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978-1-936192-09-0
- Language
-
Englisch
- Bibliographic citation
-
Series: Public Policy Brief ; No. 112
- Classification
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Wirtschaft
- Subject
-
Finanzmarktkrise
Konjunkturpolitik
Geldpolitik
Finanzsektor
Bankenpolitik
Internationaler Finanzmarkt
USA
Welt
- Event
-
Geistige Schöpfung
- (who)
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Galbraith, James K.
- Event
-
Veröffentlichung
- (who)
-
Levy Economics Institute of Bard College
- (where)
-
Annandale-on-Hudson, NY
- (when)
-
2010
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Galbraith, James K.
- Levy Economics Institute of Bard College
Time of origin
- 2010
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