Philip Ashton
Datos Biográficos
| ID | 277354 |
|---|---|
| NOMBRE | Philip Ashton |
| NOMBRES | Philip |
| APELLIDO | Ashton |
| FIRMA | ASHTON P |
| AFILIACIONES | University of Illinois Chicago |
| ORCID | 0000-0001-9257-9424 |
| VERIFICADO | Sí |
| TOTAL DE OBRAS | 22 |
| TOTAL DE CITAS | 264 |
| TOTAL COMO AUTOR | 22 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 2004 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2026 |
| ÍNDICE H | 9 |
Embracing financialization’s negative cases
This review examines how Financialization and Local Statecraft advances theorization of urban financialization by foregrounding negative cases—instances where expected financialized outcomes fail to appear. It argues that prevailing research focuses too heavily on positive cases, overlooking how financialization’s links to other governance projects results in its uneven development. By embedding financialization within larger practices of local s…
Monitoring antimicrobial resistance trends from global genomics data
Whole genome sequencing (WGS) is increasingly supporting routine pathogen surveillance at local and national levels, providing comparable data that can inform on the emergence and spread of antimicrobial resistance (AMR) globally. However, the potential for shared WGS data to guide interventions around AMR remains under-exploited, in part due to challenges in collating and transforming the growing volumes of data into timely insights. We present …
Different clinical features in Malawian outpatients presenting with Covid-19 prior to and during Omicron variant dominance
The SARS-CoV-2 Omicron variant has resulted in a high number of cases, but a relatively low incidence of severe disease and deaths, compared to the pre-Omicron variants. Therefore, we assessed the differences in symptom prevalence between Omicron and pre-Omicron infections in a sub-Saharan African population. We collected data from outpatients presenting at two primary healthcare facilities in Blantyre, Malawi, from November 2020 to March 2022. E…
Collateral Damage
Louis Gaudreau, Le promoteur, la banque et le rentier. Fondements et évolution du logement capitaliste
Louis Gaudreau, professeur à l’École de travail social de l’Université du Québec à Montréal (UQAM), rassemble ici un corpus impressionnant d'érudition en économie politique afin d’analyser le caractère complexe du logement dans le capitalisme. Son ouvrage part ainsi du constat que « la relation entre capitalisme et logement ne va [...] pas de soi » (p. 23), contrairement à l'hégémonie de l'économie orthodoxe, qui tend à naturaliser les relations …
Crowd control
We examine the rise of crowdfunding platforms in the wake of the global financial crisis, particularly the claim that they offer an alternative to established methods of raising capital for real estate investment, enterprise development, and civic projects. We interrogate how these novel methods of aggregating users and their money in digital space produce different collective subjectivities. Drawing from an industry study of civic crowdfunding p…
Circulation, futurity, and risk
The cloud, the crowd, and the city
Debt to society
Debt to society: accounting for life under capitalism, by Miranda Joseph." Urban Geography, 38(3), pp. 472–473
Reconstituting the state
In the 2000s, cities across North America began leasing existing infrastructure to global investment consortia. Previous evaluations of infrastructure leases focus on the lack of transparency of the privatisation process and the terms of the arrangements negotiated by the public sector and the private concessionaires. In this research, we argue that such approaches fall short by failing to investigate the significant repositioning of the local st…
Remaking Mortgage Markets by Remaking Mortgages
This article examines the post- financial crisis reregulation of US housing finance, focusing on reforms to rein in excessive risk taking and reconstitute the private circulation of mortgage debt. We begin by situating current initiatives—namely, the Dodd-Frank Act of 2010—in a much longer trajectory of attempts to construct a national market for home mortgages. Following the theorization of the economy of qualities by Callon, Méadel, and Rabehar…
On arbitration, arbitrage and arbitrariness in financial markets and their governance
Amongst a series of scandals to hit international financial markets in recent years, that surrounding the London Interbank Offered Rate (LIBOR) – a highly influential interest rate benchmark – has attracted particularly intense media scrutiny. This paper seeks to push beyond conventional understandings to unpack critically both LIBOR itself and the scandal involving its manipulation by major international banks. Envisioning LIBOR as a commodity b…
The Financial Engineering of Infrastructure Privatization
Problem, research strategy, and findings: Leasing government infrastructure to private investors has been proposed as a practical way to increase both public revenue and investment in aging facilities, yet questions remain regarding lease value. In particular, some recent private auction bids surpassed government's lease estimates for U.S. roads and parking systems by hundreds of millions of dollars. We argue such discrepancies are largely explai…
Troubled Assets
This article examines the repositioning of racialized credit risk produced by new regulatory practices that have emerged in the neoliberal era. As increasingly volatile financial markets have periodically threatened the ability of the banking sector to supply credit, US regulators have adopted more aggressive roles to isolate 'troubled assets' and restore the norms of risk management. Revisiting the emergence of the US subprime mortgage market in…
The Financial Exception and the Reconfiguration of Credit Risk in US Mortgage Markets
This paper engages recent arguments regarding the transformation of credit (default) risk within US mortgage markets. With the growing integration of mortgage lending into volatile circuits of finance, emergency interventions during financial crises have become productive moments for credit risk, securing the broader norms of risk taking by selecting out problematic loans-a distinctive orientation to risk that I characterize as the financial exce…
Cra’s “Blind Spots”
As the mortgage crisis took shape by 2007, the Community Reinvestment Act of 1977 emerged at the center of a debate over whether community reinvestment regulations were perverse incentives promoting high-risk lending, or whether those regulations had become outmoded in the face of concentrated subprime lending. This paper weighs those arguments by examining the market behavior of lenders subjected to Community Reinvestment Act (CRA) as the subpri…
An Expression of Appreciation
An Appetite for Yield
Whereas policy makers and industry advocates have hailed the growth of the subprime mortgage market in the US as evidence that financial innovation can more efficiently price and absorb credit risk, the 2007 mortgage crisis provides an opportunity to revisit the nature of financial risk. This paper employs a forensic analysis of the development of the subprime market from the 1980s through 2007 to argue that, in a competitive environment marked b…
Cities Destroyed (Again) For Cash
In 2008, there will be at least 2.5 million new foreclosures in the United States. Record levels of mortgage delinquency, default, and foreclosure are causing widespread hardship in cities and suburbs across America, and causing repeated destabilization of global credit and investment markets. In this Forum, six housing specialists unravel the complex connections between urban geography, subprime lending, and foreclosure. Although a wide variety …
Advantage or Disadvantage? The Changing Institutional Landscape of Underserved Mortgage Markets
This article argues that the resolution to the banking crisis after 1989 created a set of market rules promoting financial consolidation and giving large financial conglomerates competitive advantages that could allow them to more effectively tap historically underserved mortgage markets. Focusing on Chicago during the period 1993—2000, the author assesses the role played by consolidating lenders and their counterparts in altering the allocation …
The legal geographies reader
Neoliberal Urban Policy and New Paths of Neighborhood Change in the American Inner City
In this paper, we examine a new form of neighborhood change that appeared towards the end of the 1990s and early 2000s and explore its causes, processes, and effects. We suggest that a neoliberal policy regime focused on revitalizing cities through deconcentrating poverty and increasing low-income and moderate-income home-ownership has created a new funding and decision environment for the redevelopment of select inner-urban neighborhoods. The re…
Reconstituting the state
In the 2000s, cities across North America began leasing existing infrastructure to global investment consortia. Previous evaluations of infrastructure leases focus on the lack of transparency of the privatisation process and the terms of the arrangements negotiated by the public sector and the private concessionaires. In this research, we argue that such approaches fall short by failing to investigate the significant repositioning of the local st…
Cities Destroyed (Again) For Cash
In 2008, there will be at least 2.5 million new foreclosures in the United States. Record levels of mortgage delinquency, default, and foreclosure are causing widespread hardship in cities and suburbs across America, and causing repeated destabilization of global credit and investment markets. In this Forum, six housing specialists unravel the complex connections between urban geography, subprime lending, and foreclosure. Although a wide variety …
An Appetite for Yield
Whereas policy makers and industry advocates have hailed the growth of the subprime mortgage market in the US as evidence that financial innovation can more efficiently price and absorb credit risk, the 2007 mortgage crisis provides an opportunity to revisit the nature of financial risk. This paper employs a forensic analysis of the development of the subprime market from the 1980s through 2007 to argue that, in a competitive environment marked b…
On arbitration, arbitrage and arbitrariness in financial markets and their governance
Amongst a series of scandals to hit international financial markets in recent years, that surrounding the London Interbank Offered Rate (LIBOR) – a highly influential interest rate benchmark – has attracted particularly intense media scrutiny. This paper seeks to push beyond conventional understandings to unpack critically both LIBOR itself and the scandal involving its manipulation by major international banks. Envisioning LIBOR as a commodity b…
The Financial Exception and the Reconfiguration of Credit Risk in US Mortgage Markets
This paper engages recent arguments regarding the transformation of credit (default) risk within US mortgage markets. With the growing integration of mortgage lending into volatile circuits of finance, emergency interventions during financial crises have become productive moments for credit risk, securing the broader norms of risk taking by selecting out problematic loans-a distinctive orientation to risk that I characterize as the financial exce…
Neoliberal Urban Policy and New Paths of Neighborhood Change in the American Inner City
In this paper, we examine a new form of neighborhood change that appeared towards the end of the 1990s and early 2000s and explore its causes, processes, and effects. We suggest that a neoliberal policy regime focused on revitalizing cities through deconcentrating poverty and increasing low-income and moderate-income home-ownership has created a new funding and decision environment for the redevelopment of select inner-urban neighborhoods. The re…
Advantage or Disadvantage? The Changing Institutional Landscape of Underserved Mortgage Markets
This article argues that the resolution to the banking crisis after 1989 created a set of market rules promoting financial consolidation and giving large financial conglomerates competitive advantages that could allow them to more effectively tap historically underserved mortgage markets. Focusing on Chicago during the period 1993—2000, the author assesses the role played by consolidating lenders and their counterparts in altering the allocation …
Remaking Mortgage Markets by Remaking Mortgages
This article examines the post- financial crisis reregulation of US housing finance, focusing on reforms to rein in excessive risk taking and reconstitute the private circulation of mortgage debt. We begin by situating current initiatives—namely, the Dodd-Frank Act of 2010—in a much longer trajectory of attempts to construct a national market for home mortgages. Following the theorization of the economy of qualities by Callon, Méadel, and Rabehar…
Troubled Assets
This article examines the repositioning of racialized credit risk produced by new regulatory practices that have emerged in the neoliberal era. As increasingly volatile financial markets have periodically threatened the ability of the banking sector to supply credit, US regulators have adopted more aggressive roles to isolate 'troubled assets' and restore the norms of risk management. Revisiting the emergence of the US subprime mortgage market in…
The cloud, the crowd, and the city
Cra’s “Blind Spots”
As the mortgage crisis took shape by 2007, the Community Reinvestment Act of 1977 emerged at the center of a debate over whether community reinvestment regulations were perverse incentives promoting high-risk lending, or whether those regulations had become outmoded in the face of concentrated subprime lending. This paper weighs those arguments by examining the market behavior of lenders subjected to Community Reinvestment Act (CRA) as the subpri…
The legal geographies reader
Neoliberal Urban Policy and New Paths of Neighborhood Change in the American Inner City
In this paper, we examine a new form of neighborhood change that appeared towards the end of the 1990s and early 2000s and explore its causes, processes, and effects. We suggest that a neoliberal policy regime focused on revitalizing cities through deconcentrating poverty and increasing low-income and moderate-income home-ownership has created a new funding and decision environment for the redevelopment of select inner-urban neighborhoods. The re…
Cities Destroyed (Again) For Cash
In 2008, there will be at least 2.5 million new foreclosures in the United States. Record levels of mortgage delinquency, default, and foreclosure are causing widespread hardship in cities and suburbs across America, and causing repeated destabilization of global credit and investment markets. In this Forum, six housing specialists unravel the complex connections between urban geography, subprime lending, and foreclosure. Although a wide variety …
Advantage or Disadvantage? The Changing Institutional Landscape of Underserved Mortgage Markets
This article argues that the resolution to the banking crisis after 1989 created a set of market rules promoting financial consolidation and giving large financial conglomerates competitive advantages that could allow them to more effectively tap historically underserved mortgage markets. Focusing on Chicago during the period 1993—2000, the author assesses the role played by consolidating lenders and their counterparts in altering the allocation …
An Expression of Appreciation
An Appetite for Yield
Whereas policy makers and industry advocates have hailed the growth of the subprime mortgage market in the US as evidence that financial innovation can more efficiently price and absorb credit risk, the 2007 mortgage crisis provides an opportunity to revisit the nature of financial risk. This paper employs a forensic analysis of the development of the subprime market from the 1980s through 2007 to argue that, in a competitive environment marked b…
Cra’s “Blind Spots”
As the mortgage crisis took shape by 2007, the Community Reinvestment Act of 1977 emerged at the center of a debate over whether community reinvestment regulations were perverse incentives promoting high-risk lending, or whether those regulations had become outmoded in the face of concentrated subprime lending. This paper weighs those arguments by examining the market behavior of lenders subjected to Community Reinvestment Act (CRA) as the subpri…
The Financial Exception and the Reconfiguration of Credit Risk in US Mortgage Markets
This paper engages recent arguments regarding the transformation of credit (default) risk within US mortgage markets. With the growing integration of mortgage lending into volatile circuits of finance, emergency interventions during financial crises have become productive moments for credit risk, securing the broader norms of risk taking by selecting out problematic loans-a distinctive orientation to risk that I characterize as the financial exce…
The Financial Engineering of Infrastructure Privatization
Problem, research strategy, and findings: Leasing government infrastructure to private investors has been proposed as a practical way to increase both public revenue and investment in aging facilities, yet questions remain regarding lease value. In particular, some recent private auction bids surpassed government's lease estimates for U.S. roads and parking systems by hundreds of millions of dollars. We argue such discrepancies are largely explai…
Troubled Assets
This article examines the repositioning of racialized credit risk produced by new regulatory practices that have emerged in the neoliberal era. As increasingly volatile financial markets have periodically threatened the ability of the banking sector to supply credit, US regulators have adopted more aggressive roles to isolate 'troubled assets' and restore the norms of risk management. Revisiting the emergence of the US subprime mortgage market in…
On arbitration, arbitrage and arbitrariness in financial markets and their governance
Amongst a series of scandals to hit international financial markets in recent years, that surrounding the London Interbank Offered Rate (LIBOR) – a highly influential interest rate benchmark – has attracted particularly intense media scrutiny. This paper seeks to push beyond conventional understandings to unpack critically both LIBOR itself and the scandal involving its manipulation by major international banks. Envisioning LIBOR as a commodity b…
Debt to society
Debt to society: accounting for life under capitalism, by Miranda Joseph." Urban Geography, 38(3), pp. 472–473
Reconstituting the state
In the 2000s, cities across North America began leasing existing infrastructure to global investment consortia. Previous evaluations of infrastructure leases focus on the lack of transparency of the privatisation process and the terms of the arrangements negotiated by the public sector and the private concessionaires. In this research, we argue that such approaches fall short by failing to investigate the significant repositioning of the local st…
Remaking Mortgage Markets by Remaking Mortgages
This article examines the post- financial crisis reregulation of US housing finance, focusing on reforms to rein in excessive risk taking and reconstitute the private circulation of mortgage debt. We begin by situating current initiatives—namely, the Dodd-Frank Act of 2010—in a much longer trajectory of attempts to construct a national market for home mortgages. Following the theorization of the economy of qualities by Callon, Méadel, and Rabehar…
The cloud, the crowd, and the city
Circulation, futurity, and risk
Louis Gaudreau, Le promoteur, la banque et le rentier. Fondements et évolution du logement capitaliste
Louis Gaudreau, professeur à l’École de travail social de l’Université du Québec à Montréal (UQAM), rassemble ici un corpus impressionnant d'érudition en économie politique afin d’analyser le caractère complexe du logement dans le capitalisme. Son ouvrage part ainsi du constat que « la relation entre capitalisme et logement ne va [...] pas de soi » (p. 23), contrairement à l'hégémonie de l'économie orthodoxe, qui tend à naturaliser les relations …
Crowd control
We examine the rise of crowdfunding platforms in the wake of the global financial crisis, particularly the claim that they offer an alternative to established methods of raising capital for real estate investment, enterprise development, and civic projects. We interrogate how these novel methods of aggregating users and their money in digital space produce different collective subjectivities. Drawing from an industry study of civic crowdfunding p…
Different clinical features in Malawian outpatients presenting with Covid-19 prior to and during Omicron variant dominance
The SARS-CoV-2 Omicron variant has resulted in a high number of cases, but a relatively low incidence of severe disease and deaths, compared to the pre-Omicron variants. Therefore, we assessed the differences in symptom prevalence between Omicron and pre-Omicron infections in a sub-Saharan African population. We collected data from outpatients presenting at two primary healthcare facilities in Blantyre, Malawi, from November 2020 to March 2022. E…
Collateral Damage
Monitoring antimicrobial resistance trends from global genomics data
Whole genome sequencing (WGS) is increasingly supporting routine pathogen surveillance at local and national levels, providing comparable data that can inform on the emergence and spread of antimicrobial resistance (AMR) globally. However, the potential for shared WGS data to guide interventions around AMR remains under-exploited, in part due to challenges in collating and transforming the growing volumes of data into timely insights. We present …
Embracing financialization’s negative cases
This review examines how Financialization and Local Statecraft advances theorization of urban financialization by foregrounding negative cases—instances where expected financialized outcomes fail to appear. It argues that prevailing research focuses too heavily on positive cases, overlooking how financialization’s links to other governance projects results in its uneven development. By embedding financialization within larger practices of local s…
Housing, Finance, and Neoliberalism (15 obras) · Economics (11 obras) · Housing Market and Economics (10 obras) · Political science (10 obras) · Business (9 obras) · Finance (9 obras) · Law (6 obras) · Law (6 obras) · Financial system (5 obras) · Sociology (5 obras)