Steven A. Ramirez

Lawless Capitalism (eBook, ePUB)

The Subprime Crisis and the Case for an Economic Rule of Law

• Format: ePub

Produktbeschreibung

In
this innovative and exhaustive study, Steven A. Ramirez posits that the
subprime mortgage crisis, as well as the global macroeconomic catastrophe it
spawned, is traceable to a gross failure of law.

The
rule of law must appropriately channel and constrain the exercise of economic
and political power. Used effectively, it ensures that economic opportunity
isn't limited to a small group of elites that enjoy growth at the expense of
many, particularly those in vulnerable economic situations. In Lawless Capitalism, Ramirez calls for
the rule of law to displace crony
capitalism. Only through the rule of law, he argues, can capitalism be
reconstructed.

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Produktdetails

• Verlag: University of Pittsburgh Press
• Erscheinungstermin: 3. Dezember 2012
• Englisch
• ISBN-13: 9780814776506
• Artikelnr.: 49751103

Autorenporträt

Steven A. Ramirez is Professor of Law and Associate Dean at Loyola University of Chicago, where he also directs the Business and Corporate Governance Law Center.