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Bank Failure

The Politicization of a Social Problem

Bibliographic Data

ID10790909
AuthorsJonathan R Macey (Yale University, corresponding author), Geoffrey P Miller (Cornell University), Lowell L Bryan, James R Barth (0000-0003-4607-7882), R Dan Brumbaugh, Robert E Litan, James L Pierce (0000-0002-6275-2449), Helen A Garten
Year1992
Volume45
Issue1
Pages289
Publication date1992-11-01
Open AccessNo
TypeARTICLE
VenueStanford Law Review (JOURNAL)
Journal identifiersISSN: 0038-9765 • E-ISSN: 1939-8581
PublisherJSTOR (PUBLISHER)
DOI10.2307/1228990
OpenAlexW1497948966
LanguageEN
Citations received1

Several books have been written recently on the collapse of the banking industry in the United States. These books are enlightening to the extent they detail the economic problems facing the industry and propose constructive solutions for resolving the crisis. Unfortunately, the books fail to provide a convincing account of the cause of the current problems in the banking industry. Ultimately, the problems facing the American banking industry are political, not economic. Thus, solving the banking crisis will require meaningful change in the underlying political environment. While these books adequately explain how a rational regulatory system would deal with our current problems, they fail to explain why such a system does not exist

Bank failure · Business · Economics · Financial system · Political economy · Political science · Housing, Finance, and Neoliberalism

  • The Savings and Loan Debacle of the 1980s

    Open Access•William K Black, Kitty Calavita et al.•Law & Policy•1995

Citations per year0.03
Citation span1995 - 1995 (1)
Highly citedNo

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