Public Spirit in the Thrift Tragedy
Seiten
1996
University of Pittsburgh Press (Verlag)
978-0-8229-5600-6 (ISBN)
University of Pittsburgh Press (Verlag)
978-0-8229-5600-6 (ISBN)
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In this award-winning analysis, Rom examines the political causes of the "thrift tragedy" during the 1980s when the FSFIC failed spectacularly, and cost taxpayers an estimated $200 billion.
Winner of the Harold Lasswell Award of the American Political Science Association
Winner of the Harold Lasswell Award of the American Political Science AssociationThe FSFIC failed spectacularly during the 1980s, costing taxpayers an estimated $200 billion. In this award-winning analysis, Rom examines the political causes of this /u201cthrift tragedy./u201d He directly confronts-and rejects-the dominant scholarly /u201cpublic choice/u201d view that public officials were motivated mainly be self-interest. Instead, Rom argues that politicians and bureaucrats generally acted in the /u201cpublic spirit/u201d by attempting to obtain the common interest as they saw it. Using new evidence and innovative methods, Rom demonstrates that FSLIC's failure unfolded because of commitments that officials had made in the past and their uncertainties about how to fulfill these obligations in the future.
Winner of the Harold Lasswell Award of the American Political Science Association
Winner of the Harold Lasswell Award of the American Political Science AssociationThe FSFIC failed spectacularly during the 1980s, costing taxpayers an estimated $200 billion. In this award-winning analysis, Rom examines the political causes of this /u201cthrift tragedy./u201d He directly confronts-and rejects-the dominant scholarly /u201cpublic choice/u201d view that public officials were motivated mainly be self-interest. Instead, Rom argues that politicians and bureaucrats generally acted in the /u201cpublic spirit/u201d by attempting to obtain the common interest as they saw it. Using new evidence and innovative methods, Rom demonstrates that FSLIC's failure unfolded because of commitments that officials had made in the past and their uncertainties about how to fulfill these obligations in the future.
Mark Carl Rom is associate professor of government at Georgetown University.
| Verlagsort | Pittsburgh PA |
|---|---|
| Sprache | englisch |
| Maße | 150 x 230 mm |
| Themenwelt | Sozialwissenschaften ► Politik / Verwaltung ► Staat / Verwaltung |
| Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre | |
| Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik | |
| ISBN-10 | 0-8229-5600-4 / 0822956004 |
| ISBN-13 | 978-0-8229-5600-6 / 9780822956006 |
| Zustand | Neuware |
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