1.

Record Nr.

UNINA9910797551003321

Autore

Singer Joseph William <1954->

Titolo

No freedom without regulation : the hidden lesson of the subprime crisis / / Joseph William Singer

Pubbl/distr/stampa

New Haven, CT : , : Yale University Press, , [2015]

©2015

ISBN

0-300-21657-2

Descrizione fisica

1 online resource

Disciplina

343.07

Soggetti

Right of property - United States

Property - United States - Philosophy

Free enterprise - Philosophy

Global Financial Crisis, 2008-2009

United States Economic policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Frontmatter -- Contents -- 1. The Subprime Challenge -- 2. Why a Free and Democratic Society Needs Law -- 3. Why Consumer Protection Promotes the Free Market -- 4. Why Private Property Needs a Legal Infrastructure -- 5. Why Conservatives Like Regulation and Liberals Like Markets -- 6. Democratic Liberty -- Notes -- Acknowledgments -- Index

Sommario/riassunto

Almost everyone who follows politics or economics agrees on one thing: more regulation means less freedom. Joseph William Singer, one of the world's most respected experts on property law, explains why this understanding of regulation is simply wrong. While analysts as ideologically divided as Alan Greenspan and Joseph Stiglitz have framed regulatory questions as a matter of governments versus markets, Singer reminds us of what we've willfully forgotten: government is not inherently opposed to free markets or private property, but is, in fact, necessary to their very existence. Singer uses the recent subprime crisis to demonstrate: Regulation's essential importance for freedom and democracyWhy consumer protection laws are a basic pillar of economic freedomHow private property rests on a regulatory infrastructureWhy



liberals and conservatives actually agree on these relationships far more than they disagreeThis concise volume is essential reading for policy makers, philosophers, political theorists, economists, and financial professionals on both sides of the aisle.