000 02808cam a22003135a 4500
001 17690864
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008 130409t2013 nyua frb 001 0 eng d
020 _a9780071806770
020 _a0071806776
040 _aBTCTA
_beng
_cBTCTA
_dBDX
_dLPU
_dCO2
_dYDXCP
_dBWX
_dBKX
_dCDX
_dIAD
_dXII
_dDLC
_dEG-ScBUE
043 _an-us---
082 0 4 _a330.1220973
_222
_bALL
100 1 _aAllison, John A.
_938680
245 1 4 _aThe financial crisis and the free market cure :
_bwhy pure capitalism is the world economy's only hope /
_cJohn A. Allison.
246 3 4 _aThe financial crisis and the free market cure :
_bwhy pure capitalism is the world economy's only hope : how destructive banking reform is killing the economy
260 _aNew York :
_bMcGraw-Hill,
_cc.2013.
300 _aviii, 278 p. ;
_c24 cm.
500 _aIndex : p. 267-275.
504 _aBibliography : p. 255-266.
505 0 _aFundamental themes -- What happened? -- Government monetary policy: the Fed as the primary cause -- FDIC insurance: the background cause -- Government housing policy: the proximate cause -- The essential role of banks in a complex economy: the liquidity challenge -- The residential real-estate-market bubble and financial-market stress -- Failure of the rating agencies: the subprime mortgage market and its impact on capital markets -- Pick-a-payment mortgages: a toxic product of FDIC insurance -- How Freddie and Fannie grew to dominate the home mortgage lending business -- Fair-value accounting and wealth destruction -- Derivatives and shadow banking: a misunderstanding -- The myth that "deregulation" caused the financial crisis -- How the SEC made matters worse -- Market corrections are necessary, but panics are destructive and avoidable -- TARP (Troubled Asset Relief Program) -- What we could have--and should have--done -- The cure for the banking industry: systematically move toward pure capitalism -- Some political cures: government policy -- Our short-term path and how to end unemployment -- The deepest cause is philosophical -- The cure is also philosophical -- How the United States could go broke -- The need for principled action.
520 _aThe Financial Crisis and the Free Market Cure argues against current financial regulations and proposes a cure to the economy's ills. John A. Allison presents the groundbreaking theory that capitalism is the only economic-political system that allows freedom of thought and rewards those who offer the most productive ideas, products, and services.
650 0 _aCapitalism.
_2BUEsh
650 7 _aFinancial crises
_zUnited States.
_2BUEsh
_91773
650 0 _aFinancial services industry
_xLaw and legislation
_zUnited States.
_2BUEsh
651 _2BUEsh
653 _bBUSADM
_cAugust2015
_cNovember2015
942 _2ddc
999 _c20614
_d20586