What are the dangers of continuing government bailouts? Are there alternative strategies to both resolve the current bailout problem and prevent future crises?
In Ending Government Bailouts as We Know Them (Hoover Press, 2010), a group of expert contributors examines the dangers of continuing government bailouts and offers constructive alternatives. The authors provide strategies designed to “make failure tolerable” and eliminate the current bailout mentality both now and in the future. They also show that it is indeed possible—and necessary—to explain the causes of the crisis in understandable terms and clarify why resolving the bailout problem is essential to preventing future crises and improving economic growth without inflation.
Kenneth E. Scott is the Parsons Professor Emeritus of Law and Business at Stanford Law School and a Hoover Institution senior research fellow. George P. Shultz is the Thomas W. and Susan B. Ford Distinguished Fellow at the Hoover Institution. John B. Taylor is the George P. Shultz Senior Fellow in Economics at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University.
Contributors include George P. Shultz, Paul Volcker, Nicholas F. Brady, John B. Taylor, Kimberly Anne Summe, Darrell Duffie, Richard Herring, Joseph Grundfest, William F.Kroener III, Thomas M. Hoenig, Charles S. Morris, Kenneth Spong, Thomas Jackson, Kenneth E. Scott, and Johannes Stroebel, with commentary by Gary Stern, Monika Piazzesi, David Skeel, Peter Wallison and others.
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Hoover Press: Ending Government Bailouts as We Know Them,
Edited by Kenneth E. Scott, George P Shultz, and John B. Taylor.
|322 pages||March 2010|