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Capitalizing on Crisis High quality books

Capitalizing on Crisis
By:Greta R. Krippner
Published on 2011 by Harvard University Press

Capitalizing on Crisis offers a political sociology of the rise of finance in the U.S. economy over the last three decades. Krippner’s core argument is that successive U.S. administrations embraced policy choices that heightened financialization as a way to escape direct confrontation with the pressing issues of fiscal crisis and legitimation crisis that emerged in the late 1960’s, rather than as a policy goal of its own. This is an extremely important argument for understanding the last forty years of U.S. politics and social development and it helps reconnect economic sociology to political sociology. Krippner focuses on state actions that were crucial to creating a macroenvironment conducive to financialization: (1) the deregulation of financial markets during the 1970s and 1980s; (2) policies that encouraged foreign capital inflows into the U.S. economy in the context of large fiscal imbalances in the early 1980s; and (3) changes in the conduct of monetary policy following the shift to tight monetary policies (high interest rates) in 1979.

This Book was ranked at 39 by Google Books for keyword Monetary reform.

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Book which was published by Harvard University Press since 2011 have ISBNs, ISBN 13 Code is 9780674050846 and ISBN 10 Code is 0674050843

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Book which have "222 Pages" is Printed at BOOK under CategoryBusiness and Economics

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