Political Economy of Financialization in the United States (A Historical-Institutional Balance-Sheet Approach) - 9780367627188

Combining balance sheet analysis with historical institutional analysis, this book traces the evolution of social sector financial balance sheets in the US from 1960 to 2018.

This innovative historical-institutional approach, ranging from the micro level of households to the macro level of the federal government, reveals that the displacement of households by banks has been a long-term process. This gradual compounding of financialization is at odds with widely accepted views about financialization, contemporary banking theory, financial intermediation theory, and post-Keynesian and endogenous money approaches. The book returns to time-tested traditional principles of banking and taps unexpected affinities about market failures in transaction cost economics, financial intermediation theory, and core ideas in classic modern political and social economy about economic moralities and social reactions of self-defense against unfettered markets. This book provides an alternative explanation for the rise of finance and new ways to think about averting financialization and its devastating consequences.

This book marks a significant contribution to the literature on financialization, social economics, banking, and the American political economy.

This book title, Political Economy of Financialization in the United States (A Historical-Institutional Balance-Sheet Approach) - 9780367627188, ISBN: 9780367627188, by Kurt Mettenheim, published by Taylor & Francis (May 31, 2023) is available in paperback. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.

Unlike Amazon and other retailers who may also offer Political Economy of Financialization in the United States (A Historical-Institutional Balance-Sheet Approach) - 9780367627188 books on their website, we specialize in large quantities and provide personal service, from trusted, experienced, friendly people in Portland, Oregon. We offer a Price Match Guarantee, and QuickQuote form, to make purchasing quick and easy.

Prefer to work with a human being when you order Political Economy of Financialization in the United States (A Historical-Institutional Balance-Sheet Approach) - 9780367627188 books in bulk? Our Book Specialists are standing by Monday-Friday 8-5 PST, ready to help!