Unchecked and Unbalanced: How the Discrepancy Between Knowledge and Power Caused the Financial Crisis and Threatens Democracy PDF (Adobe DRM) download by Arnold Kling

Unchecked and Unbalanced: How the Discrepancy Between Knowledge and Power Caused the Financial Crisis and Threatens Democracy

Rowman & Littlefield Publishers, Inc.
Publication date: November 2009
ISBN: 9781442201262
Digital Book format: PDF (Adobe DRM)

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In Unchecked and Unbalanced, Arnold Kling provides a blueprint for those who are skeptical of political and financial elitism. At the heart of Kling's argument is the growing discrepancy between two phenomena: knowledge is becoming more diffuse, while political power is becoming more concentrated. Kling sees this knowledge/power discrepancy at the heart of the financial crisis of 2008. Financial industry executives and regulatory officials lacked the ability to fathom the complexity of the systemthat had emerged. And, in response, Treasury Secretary Henry Paulson and Federal Reserve Board Chairman Ben Bernanke, said that they required still more power, including $700 billion to purchase "toxic assets" from banks. Kling warns that increased concentration of power is a problem, not a panacea, for our modern world and suggests reforms designed to curb the growth of government and allow citizens greater control over the allocation of public goods. Published in cooperation with the Hoover Institution
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Unchecked and Unbalanced: How the Discrepancy Between Knowledge and Power Caused the Financial Crisis and Threatens Democracy PDF (Adobe DRM) download by Arnold Kling
Rowman & Littlefield Publishers, Inc., November 2009
ISBN: 9781442201262
EAN:  2370002753371
PDF (Adobe DRM)
List Price: $28.99 eBook price: $25.99
Unchecked and Unbalanced: How the Discrepancy Between Knowledge and Power Caused the Financial Crisis and Threatens Democracy ePub (Adobe DRM) download by Arnold Kling
Rowman & Littlefield Publishers, November 2009
ISBN: 9781442201262
EAN:  9781442201262
ePub (Adobe DRM)
List Price: $28.99 eBook price: $25.99
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