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Government's Place in the Market (Boston Review Books)

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Government's Place in the Market (Boston Review Books) Cover

ISBN13: 9780262015707
ISBN10: 0262015706
Condition: Standard
Dustjacket: Standard
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Synopses & Reviews

Publisher Comments:

As New York State Attorney General from 1998 to 2006, Eliot Spitzer successfully pursued corporate crime, including stock price inflation, securities fraud, and predatory lending practices. Drawing on those experiences, in this book Spitzer considers when and how the government should intervene in the workings of the market. The 2009 American bank bailout, he argues, was the wrong way: it understandably turned government intervention into a flashpoint for public disgust because it socialized risk, privatized benefit, and left standing institutions too big to fail, incompetent regulators, and deficient corporate governance. That's unfortunate, because good regulatory policy, he claims, can make markets and firms work efficiently, equitably, and in service of fundamental public values. Spitzer lays out the right reasons for government intervention in the market: to guarantee transparency, to overcome market failures, and to guard our core values against the market's unfair biases such as racism. With specific proposals to serve those ends--from improving corporate governance to making firms responsible for their own risky behavior--he offers a much-needed blueprint for the proper role of government in the market. Finally, taking account of regulatory changes since the crash of 2008, he suggests how to rebuild public trust in government so real change is possible.Responses to Spitzer by Sarah Binder, Andrew Gelman, and John Sides, Dean Baker, and Robert Johnson, raise issues of politics, ideology, and policy.

Synopsis:

In his first book, the former New York governor and current CNN cohost offers a manifesto on the economy and the public interest.

About the Author

Eliot Spitzer served as the 54th Governor of New York fromJanuary 2007 until his resignation on March 17, 2008. In October 2010 he willlaunch a talk show on CNN with conservative analyst Kathleen Parker.

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Average customer rating based on 1 comment:

tgrang13, August 8, 2012 (view all comments by tgrang13)
I liked this book a lot, however I don't think it is worth the money. It is only 83 pages, and took me about an hour to get through it (and I am a slow reader). What I really liked about it though, was that Spitzer's points were clear and concise. Very easy to understand even for someone who does not know a lot about economics, such as myself. The responses to critique on the role of government in the marketplace were also presented in the same way. I think it is a very good book for reference, though. I know that I will probably use it in the future to write papers for college and the like. I would recommend it, but I would try to get it used.
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Product Details

ISBN:
9780262015707
Author:
Spitzer, Eliot
Publisher:
The MIT Press
Author:
Massachusetts Institute of Technology
Location:
Cambridge
Subject:
Economic Conditions
Subject:
Politics - General
Copyright:
Series:
Boston Review Books Government's Place in the Market
Publication Date:
20110418
Binding:
Hardback
Grade Level:
from 17
Language:
English
Pages:
96
Dimensions:
7 x 4.5 x 0.25 in

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Reference » Science Reference » Philosophy of Science

Government's Place in the Market (Boston Review Books) Used Hardcover
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Product details 96 pages MIT Press (MA) - English 9780262015707 Reviews:
"Synopsis" by , In his first book, the former New York governor and current CNN cohost offers a manifesto on the economy and the public interest.
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