Showing results for "Financial Crises" in Law
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Last Resort
- The Financial Crisis and the Future of Bailouts
- Written by: Eric A. Posner
- Narrated by: Steve Menasche
- Length: 9 hrs and 9 mins
- Unabridged
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The bailouts during the recent financial crisis enraged the public. They felt unfair - and counterproductive: people who take risks must be allowed to fail. If we reward firms that make irresponsible investments, aren't we encouraging them to continue to act irresponsibly? Bailouts have happened throughout economic history and are unavoidable in any modern, market-based economy. And they're actually good. Contrary to popular belief, the financial system cannot operate properly unless the government stands ready to bail out banks and other firms.
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Last Resort
- The Financial Crisis and the Future of Bailouts
- Narrated by: Steve Menasche
- Length: 9 hrs and 9 mins
- Release Date: 22-05-18
- Language: English
- Americas · Economic History · Economics
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