When All Else Fails: Government as the Ultimate Risk Manager
One of the most important functions of government-risk management-is one of the least well understood. Moving beyond the most familiar public functions-spending, taxation, and regulation-When All Else Fails spotlights the government's pivotal role as a risk manager. It reveals, as never before,...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, MA
Harvard University Press
[2022]
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| Schlagworte: | |
| Online-Zugang: | FAW01 FAB01 FCO01 FHA01 FKE01 FLA01 UPA01 UBG01 Volltext |
| Zusammenfassung: | One of the most important functions of government-risk management-is one of the least well understood. Moving beyond the most familiar public functions-spending, taxation, and regulation-When All Else Fails spotlights the government's pivotal role as a risk manager. It reveals, as never before, the nature and extent of this governmental function, which touches almost every aspect of economic life. In policies as diverse as limited liability, deposit insurance, Social Security, and federal disaster relief, American lawmakers have managed a wide array of private-sector risks, transforming both the government and countless private actors into insurers of last resort. Drawing on history and economic theory, David Moss investigates these risk-management policies, focusing in particular on the original logic of their enactment. The nation's lawmakers, he finds, have long believed that pervasive imperfections in private markets for risk necessitate a substantial government role. It remains puzzling, though, why such a large number of the resulting policies have proven so popular in a country famous for its anti-statism. Moss suggests that the answer may lie in the nature of the policies themselves, since publicly mandated risk shifting often requires little in the way of invasive bureaucracy. Well suited to a society suspicious of government activism, public risk management has emerged as a critical form of government intervention in the United States |
| Beschreibung: | Description based on online resource; title from PDF title page (publisher's Web site, viewed 31. Jan 2022) |
| Beschreibung: | 1 online resource (464 pages) |
| ISBN: | 9780674275423 |
| DOI: | 10.4159/9780674275423 |
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Datensatz im Suchindex
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| spelling | Moss, David A. Verfasser aut When All Else Fails Government as the Ultimate Risk Manager David A. Moss Cambridge, MA Harvard University Press [2022] © 2004 1 online resource (464 pages) txt rdacontent c rdamedia cr rdacarrier Description based on online resource; title from PDF title page (publisher's Web site, viewed 31. Jan 2022) One of the most important functions of government-risk management-is one of the least well understood. Moving beyond the most familiar public functions-spending, taxation, and regulation-When All Else Fails spotlights the government's pivotal role as a risk manager. It reveals, as never before, the nature and extent of this governmental function, which touches almost every aspect of economic life. In policies as diverse as limited liability, deposit insurance, Social Security, and federal disaster relief, American lawmakers have managed a wide array of private-sector risks, transforming both the government and countless private actors into insurers of last resort. Drawing on history and economic theory, David Moss investigates these risk-management policies, focusing in particular on the original logic of their enactment. The nation's lawmakers, he finds, have long believed that pervasive imperfections in private markets for risk necessitate a substantial government role. It remains puzzling, though, why such a large number of the resulting policies have proven so popular in a country famous for its anti-statism. Moss suggests that the answer may lie in the nature of the policies themselves, since publicly mandated risk shifting often requires little in the way of invasive bureaucracy. Well suited to a society suspicious of government activism, public risk management has emerged as a critical form of government intervention in the United States In English BUSINESS & ECONOMICS / Government & Business bisacsh Government insurance United States Risk management Government policy United States Risk management United States https://doi.org/10.4159/9780674275423 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Moss, David A. When All Else Fails Government as the Ultimate Risk Manager BUSINESS & ECONOMICS / Government & Business bisacsh Government insurance United States Risk management Government policy United States Risk management United States |
| title | When All Else Fails Government as the Ultimate Risk Manager |
| title_auth | When All Else Fails Government as the Ultimate Risk Manager |
| title_exact_search | When All Else Fails Government as the Ultimate Risk Manager |
| title_exact_search_txtP | When All Else Fails Government as the Ultimate Risk Manager |
| title_full | When All Else Fails Government as the Ultimate Risk Manager David A. Moss |
| title_fullStr | When All Else Fails Government as the Ultimate Risk Manager David A. Moss |
| title_full_unstemmed | When All Else Fails Government as the Ultimate Risk Manager David A. Moss |
| title_short | When All Else Fails |
| title_sort | when all else fails government as the ultimate risk manager |
| title_sub | Government as the Ultimate Risk Manager |
| topic | BUSINESS & ECONOMICS / Government & Business bisacsh Government insurance United States Risk management Government policy United States Risk management United States |
| topic_facet | BUSINESS & ECONOMICS / Government & Business Government insurance United States Risk management Government policy United States Risk management United States |
| url | https://doi.org/10.4159/9780674275423 |
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