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Lawless Capitalism: The Subprime Crisis and the Case for an Economic Rule of Law (Hardcover)

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ITEM#: 14109594

Inthis innovative and exhaustive study, Steven A. Ramirez posits that thesubprime mortgage crisis, as well as the global macroeconomic catastrophe itspawned, is traceable to a gross failure of law.

Therule of law must appropriately channel and constrain the exercise of economicand political power. Used effectively, it ensures that economic opportunityisn’t limited to a small group of elites that enjoy growth at the expense ofmany, particularly those in vulnerable economic situations. In Lawless Capitalism, Ramirez calls forthe rule of law to displace cronycapitalism. Only through the rule of law, he argues, can capitalism bereconstructed.


ISBN 9780814776490
Genre LAW / Business & Financial
Format Hardcover
Pages 286
Publisher Date 2012-12-03 00:00:00.0
Publisher New York Univ Pr
Copyright Year 2013
Height 9.0 in
Wdth 6.0 in
Thickness 1.0 in
Unit weight 1.2 lb
Language English
Subtitle The Subprime Crisis and the Case for an Economic Rule of Law
Audience College/higher education
Authors Ramirez, Steven A.
Country of Origin United States

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