@techreport{Galbraith2010great,
abstract = {Senior Scholar James K. Galbraith argues the fundamental illusion of viewing the US economy through the free-market prism of deregulation, privatization, and a benevolent government operating mainly through monetary stabilization - the prevailing view among economists over the past three decades. The real sources of American economic power, he says, lie with those who manage and control the public-private sectors - especially the public institutions in those sectors - and who often have a political agenda in hand. Galbraith calls this the predator state: a government that is intent, not upon restructuring the rules in any idealistic way, but upon using the existing institutions as a device for political patronage on a grand scale. And it is closely aligned with financial deregulation.},
address = {Annandale-on-Hudson, NY},
author = {James K. Galbraith},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
isbn = {978-1-936192-09-0},
keywords = {330; Finanzmarktkrise; Konjunkturpolitik; Geldpolitik; Finanzsektor; Bankenpolitik; Internationaler Finanzmarkt; USA; Welt},
language = {eng},
number = {112},
publisher = {Levy Economics Inst.},
title = {The great crisis and the American response},
type = {Public policy brief // Jerome Levy Economics Institute of Bard College},
url = {http://hdl.handle.net/10419/54289},
year = {2010}
}
