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The Development of American Finance

Konings, Martijn

Editore: Cambridge University Press, 2014
ISBN 10: 1107681847 / ISBN 13: 9781107681842
Usato / Soft cover / Quantità: 1
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Titolo: The Development of American Finance

Casa editrice: Cambridge University Press

Data di pubblicazione: 2014

Legatura: Soft cover

Condizione libro: Used


This Book is in Good Condition. Clean Copy With Light Amount of Wear. 100% Guaranteed. Summary: This book argues that the American financial system is in fact far from a house of cards, but a proper edifice. Codice inventario libreria ABE_book_usedgood_1107681847

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Riassunto: Since the 1960s, scholars and other commentators have frequently announced the imminent decline of American financial power: excessive speculation and debt are believed to have undermined the long-term basis of a stable U.S.-led financial order. But the American financial system has repeatedly shown itself to be more resilient than such assessments suggest. This book argues that there is considerable coherence to American finance: far from being a house of cards, it is a proper edifice, built on institutional foundations with points of both strength and weakness. The book examines these foundations through a historical account of their construction: it shows how institutional transformations in the late nineteenth century created a distinctive infrastructure of financial relations and proceeds to trace the contradiction-ridden expansion of this system during the twentieth century as well as its institutional consolidation during the neoliberal era. It concludes with a discussion of the forces of instability that hit at the start of the twenty-first century.

Descrizione del libro: Most books on American finance emphasize the ways in which globalization and deregulation have promoted irresponsible speculation, excessive risk-taking, and unsustainable levels of debt. This book argues that the American financial system is in fact characterized by considerable coherence: far from a house of cards, it is a proper edifice, built on foundations with their own distinctive points of strength and weakness. It supports this argument through a historical interpretation of the development of American finance from colonial times to the present day.

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Libreria: Book Deals
Indirizzo: Lewiston, NY, U.S.A.

Libreria AbeBooks dal: 7 maggio 2014
Valutazione libreria: 4 stelle

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