Screen LibraryThe wealth effect : how the great expectations of the middle class have changed the politics of banking crises /
The politics of major banking crises has been transformed since the nineteenth century. Analyzing extensive historical and contemporary evidence, Chwieroth and Walter demonstrate that the rising wealth of the middle class has generated 'great expectations' among voters that the government...
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| Published: |
Cambridge University Press,
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| Publisher Address: | Cambridge : |
| Publication Dates: | 2019. |
| Literature type: | Book |
| Language: | English |
| Subjects: | |
| Summary: |
The politics of major banking crises has been transformed since the nineteenth century. Analyzing extensive historical and contemporary evidence, Chwieroth and Walter demonstrate that the rising wealth of the middle class has generated 'great expectations' among voters that the government is responsible for the protection of this wealth. Crisis policy interventions have become more extensive and costly - and their political aftermaths far more fraught - because of democratic governance, not in spite of it. Using data from numerous democracies over two centuries, and detailed studies of Brazi |
| Carrier Form: | xxiv, 572 pages : illustrations ; 24 cm |
| Bibliography: | Includes bibliographical references (pages [505]-558) and index. |
| ISBN: |
9781107153745 1107153743 9781316607787 131660778X |
| Index Number: | HB3722 |
| CLC: | F831.59-09 |
| Call Number: | F831.59-09/C564 |
| Contents: | Part I. Banking Crises and the Rise of Great Expectations -- 1. Great expectations, banking crises, and democratic politics -- 2. Great expectations: banking crises, policy responses and politics -- 3. Household wealth and financialization in the United Kingdom, the United States and Brazil since the nineteenth century -- 4. The emergence of great expectations in the United Kingdom, the United States and Brazil -- Part II. Evolving Policy Responses to and Political Consequences of Banking Crises since the Nineteenth Century -- 5. Changing expectations and policy responses to banking crises - |