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Lawless Capitalism

The Subprime Crisis and the Case for an Economic Rule of Law

ISBN-13: 9781479845323
Publisher: NEW YORK UNIVERSITY PRESS
Imprint: NEW YORK UNIVERSITY PRESS
By Steven A. Ramirez
Price: AUD $64.99
Stock: 2 in stock
Availability: Order will be despatched as soon as possible.
Local release date: 01/07/2014
Format: Paperback (229.00mm X 152.00mm) 304 pages Weight: 440g
Categories: Economic & financial crises & disasters [KCX]Financial law [LNP]USA [1KBB]

Description
Table of Contents
Google Preview: In this innovative and exhaustive study, Steven A. Ramirez posits that the subprime mortgage crisis, as well as the global macroeconomic catastrophe it spawned, is traceable to a gross failure of law. The rule of law must appropriately channel and constrain the exercise of economic and political power. Used effectively, it ensures that economic opportunity isn't limited to a small group of elites that enjoy growth at the expense of many, particularly those in vulnerable economic situations. In Lawless Capitalism, Ramirez calls for the rule of law to displace crony capitalism. Only through the rule of law, he argues, can capitalism be reconstructed.; A Revolution in Economics (but Not in Law)2. The Corrupted Corporation 3. Animal Spirits and Financial Regulation 4. Rigged Globalization 5. The Costs of Economic Oppression 6. The Crisis in Crisis Management 7. The Potential for an Economic Rule of Law Epilogue: Optimized Legal Infrastructure and the End of Scarcity; Google Preview content