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Bailouts: Public Money, Private Profit

Edited by Robert E. Wright

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Paper, 160 pages,
ISBN: 978-0-231-15055-2
$17.95 / £12.50

January, 2010
Cloth, 160 pages,
ISBN: 978-0-231-15054-5
$60.00 / £41.50

"A detailed study of the history of bailouts . . . [and] a must-read for anyone interested in the policy implications of bailouts." — Andrew Jalil, EH.net

"A timely, accessible examination of government bailouts." — Choice

"Do bailouts make good financial sense and benefit the public at large? What are the ethical issues surrounding government bailouts? How far back does this history go in America and what have been the consequences of these interventions? This book tackles these questions as well as, most importantly, whether government bailouts speed up financial recovery. Compact, easy-to-read, yet firmly grounded in academic scholarship, Bailouts is an excellent introduction for nonspecialists interested in the costs and benefits of bailouts." — Nouriel Roubini, New York University Stern School of Business, and coauthor of Bailouts or Bail-ins: Responding to Financial Crises in Emerging Economies

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About the Author

Robert E. Wright is holder of the Nef Family Chair of Political Economy at Augustana College, a research economist at the National Bureau of Economic Research, editor of Pickering and Chatto of London's financial history monograph series, and a guest curator for the Museum of American Finance.

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