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Public Spirit in the Thrift Tragedy

2010-11-23 Political Science
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Release : 2010-11-23
Genre : Political Science
Kind : eBook
Book Rating : 835/5 ( reviews)

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Book Synopsis Public Spirit in the Thrift Tragedy by : Mark Carl Rom

Download or read book Public Spirit in the Thrift Tragedy written by Mark Carl Rom. This book was released on 2010-11-23. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Harold Lasswell Award of the American Political Science Association The FSFIC failed spectacularly during the 1980s, costing taxpayers an estimated $200 billion. In this award-winning analysis, Rom examines the political causes of this "thrift tragedy." He directly confronts-and rejects-the dominant scholarly "public choice" view that public officials were motivated mainly be self-interest. Instead, Rom argues that politicians and bureaucrats generally acted in the "public spirit" by attempting to obtain the common interest as they saw it. Using new evidence and innovative methods, Rom demonstrates that FSLIC's failure unfolded because of commitments that officials had made in the past and their uncertainties about how to fulfill these obligations in the future.

Public Spirit in the Thrift Tragedy

1996-05-15 Political Science
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Release : 1996-05-15
Genre : Political Science
Kind : eBook
Book Rating : 006/5 ( reviews)

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Book Synopsis Public Spirit in the Thrift Tragedy by : Mark Carl Rom

Download or read book Public Spirit in the Thrift Tragedy written by Mark Carl Rom. This book was released on 1996-05-15. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Harold Lasswell Award of the American Political Science Association The FSFIC failed spectacularly during the 1980s, costing taxpayers an estimated $200 billion. In this award-winning analysis, Rom examines the political causes of this “thrift tragedy.” He directly confronts-and rejects-the dominant scholarly “public choice” view that public officials were motivated mainly be self-interest. Instead, Rom argues that politicians and bureaucrats generally acted in the “public spirit” by attempting to obtain the common interest as they saw it. Using new evidence and innovative methods, Rom demonstrates that FSLIC's failure unfolded because of commitments that officials had made in the past and their uncertainties about how to fulfill these obligations in the future.

Economics, Politics, and American Public Policy

2015-01-28 Business & Economics
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Release : 2015-01-28
Genre : Business & Economics
Kind : eBook
Book Rating : 39X/5 ( reviews)

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Book Synopsis Economics, Politics, and American Public Policy by : James J. Gosling

Download or read book Economics, Politics, and American Public Policy written by James J. Gosling. This book was released on 2015-01-28. Available in PDF, EPUB and Kindle. Book excerpt: This text introduces students to the interrelationship of politics and economics in American public policymaking: how economic concerns have been legislated into law since Franklin Roosevelt's time and how politics (e.g., Washington gridlock) affects the economy and the making of public policy. Students learn how to measure various indicators of economic performance, how the U.S. economy works (domestically and with international linkages), and how and why policymakers act to stabilise an economy in an economic downturn. Additionally, many social insurance programs (Social Security, Medicare, Medicaid) are explained and the current fiscal issues concerning current/future costs are treated in some detail. The book concludes with a full chapter case study on the Obama administration's response to the Great Recession and its dealings with Congress; the implementation of the Affordable Care Act is also discussed.

From Buildings and Loans to Bail-Outs

2004-07-05 History
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Release : 2004-07-05
Genre : History
Kind : eBook
Book Rating : 807/5 ( reviews)

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Book Synopsis From Buildings and Loans to Bail-Outs by : David L. Mason

Download or read book From Buildings and Loans to Bail-Outs written by David L. Mason. This book was released on 2004-07-05. Available in PDF, EPUB and Kindle. Book excerpt: For most Americans, the savings and loan industry is defined by the fraud, ineptitude and failures of the 1980s. However, these events overshadow a long history in which thrifts played a key role in helping thousands of households buy homes. First appearing in the 1830s savings and loans, then known as building and loans, encourage their working-class members to adhere to the principles of thrift and mutual co-operation as a way to achieve the 'American Dream' of home ownership. This book traces the development of this industry from its origins as a movement of a loosely affiliated collection of institutions into a major element of America's financial markets. It also analyses how diverse groups of Americans, including women, ethnic Americans and African Americans, used thrifts to improve their lives and elevate their positions in society. Finally the overall historical perspective sheds new light on the events of the 1980s and analyses the efforts to rehabilitate the industry in the 1990s.

Mission Expansion in the Federal Home Loan Bank System

2010-10-01 Political Science
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Release : 2010-10-01
Genre : Political Science
Kind : eBook
Book Rating : 417/5 ( reviews)

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Book Synopsis Mission Expansion in the Federal Home Loan Bank System by : Susan M. Hoffmann

Download or read book Mission Expansion in the Federal Home Loan Bank System written by Susan M. Hoffmann. This book was released on 2010-10-01. Available in PDF, EPUB and Kindle. Book excerpt: Studies the Federal Home Loan Bank System, how it has changed over time and why

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