The development of American finance

Saved in:
Bibliographic Details
Main Authors: Konings Martijn 1975-
Published: Cambridge University Press,
Publisher Address: Cambridge New York
Publication Dates: 2011.
Literature type: Book
Language: English
Subjects:
USA
Carrier Form: viii, 199 p.: ; 24 cm.
ISBN: 9780521195256 (hardback)
052119525X (hardback)
Index Number: F837
CLC: F837.129
Call Number: F837.129/K824
Contents: Includes bibliographical references and index.
"Since the 1960s, scholars and other commentators have frequently announced the imminent decline of American financial power: excessive speculation and debt are believed to have undermined the long-term basis of a stable U.S.-led financial order. But the American financial system has repeatedly shown itself to be more resilient than such assessments suggest. This book argues that there is considerable coherence to American finance: far from being a house of cards, it is a proper edifice, built on institutional foundations with points of both strength and weakness ...