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Political Bubbles: Financial Crises and the Failure of American Democracy
Political Bubbles Financial Crises and the Failure of American Democracy
Author: Nolan McCarty, Keith T. Poole, Howard Rosenthal
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 cr...  more »
ISBN-13: 9780691145013
ISBN-10: 0691145016
Publication Date: 5/26/2013
Pages: 296
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Publisher: Princeton University Press
Book Type: Hardcover
Other Versions: Paperback
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