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Money and Banks in the American Political System

Money and Banks in the American Political System by Kathryn C. Lavelle
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In Money and Banks in the American Political System, debates over financial politics are woven into the political fabric of the state and contemporary conceptions of the American dream. The author argues that the political sources of instability in finance derive from the nexus between market innovation and regulatory arbitrage. This book explores monetary, fiscal and regulatory policies within a political culture characterized by the separation of business and state, and mistrust of the concentration of power in any one political or economic institution. The bureaucratic arrangements among the branches of government, the Federal Reserve, executive agencies, and government sponsored enterprises incentivize agencies to compete for budgets, resources, governing authority and personnel.
Cambridge University Press; January 2013
296 pages; ISBN 9781139854221
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Title: Money and Banks in the American Political System
Author: Kathryn C. Lavelle
 
ISBNs
1139848313
9781107028043
9781139848312
9781139854221