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Bad History, Worse Policy
Peter J. Wallison
其他書名
How a False Narrative about the Financial Crisis Led to the Dodd-Frank Act
出版Rowman & Littlefield, 2013
主題Business & Economics / GeneralBusiness & Economics / Finance / GeneralPolitical Science / American Government / General
ISBN08447723999780844772394
URLhttp://books.google.com.hk/books?id=UZNy-CBnX8QC&hl=&source=gbs_api
EBookSAMPLE
註釋"... Wallison argues that the Dodd-Frank Act -- the Obama administration's sweeping financial regulation law -- will suppress economic growth for years to come. Based on his essays on financial services issues published between 2004 and 2012, Wallison shows that the act was based on a false and ideologically motivated narrative about the financial crisis.... myriad consequences flow directly from a narrative that blames the financial crisis on deregulation and private-sector risk-taking. In reality, the government itself has escaped blame for housing policies that deliberately degraded mortgage-underwriting standards and built a housing bubble in which half the mortgages were subprime or otherwise low quality."--Provided by publisher.