Financial Exclusion: How Competition Can Fix a Broken System - Couverture souple

Wright, Robert E.

 
9781630691707: Financial Exclusion: How Competition Can Fix a Broken System
Couverture souple
ISBN 10 : 1630691704 ISBN 13 : 9781630691707
Editeur : American Institute for Economic Research, 2019

Synopsis

Like mass incarceration and slavery, financial exclusion, discrimination, and predation serve the interests of the few at the expense of their direct victims and overall economic efficiency. Yet those banes persist, evolve, and even thrive because governments often foster them with one hand while ineffectually combatting them with another.

In Financial Exclusion, Robert E. Wright shows that America once ameliorated financial discrimination by leveraging the power of competition, allowing people who felt they were irrationally deprived of loans, insurance, or other financial services for reasons of ethnicity, gender, race, or religion to form their own financial institutions. Abandonment of that tradition for top-down government regulation in the 1990s led inevitably to the financial crisis of 2008. More regulation or direct government provision of financial services will not aid the those living in the hopeless, hungry side of town as much as a return to America’s free market traditions will.

Robert E. Wright has served Augustana University as the inaugural Nef Family Chair of Political Economy since 2009. After receiving his Ph.D. in economic history from SUNY Buffalo in 1997, Wright taught economics at the University of Virginia and New York University’s Stern School of Business. His 18 previous books include Mutually Beneficial, The First Wall Street, Financial Founding Fathers, One Nation Under Debt, Bailouts, Fubarnomics, Corporation Nation, Little Business on the Prairie, and The Poverty of Slavery.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Éditeur
American Institute for Economic Research
Date d'édition
2019
Langue
anglais
ISBN 10 
1630691704
ISBN 13 
9781630691707
Reliure
Broché
Nombre de pages
454
Coordonnées du fabricant
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