||1 of 1 people found the following review helpful.| Worth the time to read this year .|By Robert Fiacchino|Do read this .|3 of 3 people found the following review helpful.| Must read book!|By Matthew Brosmer|The scholars view how ideologies, interests, and institutions from the left and the right in a polarized political environment created a systemic failure in the financial m||"As pundits debate the causes of the 2008 economic crisis, the authors contend that financial crises have inherently political dimensions. McCarty, Poole, and Rosenthal argue persuasively that political bubbles and market bubbles are highly similar, with poli
Behind every financial crisis lurks a "political bubble"--policy biases that foster market behaviors leading to financial instability. Rather than tilting against risky behavior, political bubbles--arising from a potent combination of beliefs, institutions, and interests--aid, abet, and amplify risk. Demonstrating how political bubbles helped create the real estate-generated financial bubble and the 2008 financial crisis, this book argues that similar government over...
[PDF.dq44] Political Bubbles: Financial Crises and the Failure of American Democracy Rating: 4.89 (553 Votes)
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You can specify the type of files you want, for your gadget.Political Bubbles: Financial Crises and the Failure of American Democracy | Nolan McCarty, Keith T. Poole, Howard Rosenthal. I was recommended this book by a dear friend of mine.