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When All Else Fails : Government as the Ultimate Risk Manager / David A. Moss.

By: Material type: TextTextPublisher: Cambridge, MA : Harvard University Press, [2004]Copyright date: 2004Description: 1 online resource (464 p.)Content type:
Media type:
Carrier type:
ISBN:
  • 9780674275423
Subject(s): DDC classification:
  • 338.5/0973 22
LOC classification:
  • HD61 .M63 2004
Other classification:
  • online - DeGruyter
Online resources:
Contents:
Frontmatter -- Contents -- Preface -- 1. Introduction -- 2. A Primer on Risk and Its History -- 3. Limited Liability -- 4. Money -- 5. Bankruptcy -- 6. Workers’ Insurance -- 7. Social Security -- 8. Product Liability Law -- 9. Security for All -- 10. The Foundations of American Risk Management Policy -- Epilogue: Risk, Knowledge, and the Veil of Ignorance -- Notes -- Acknowledgments -- Index
Summary: 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.
Holdings
Item type Current library Call number URL Status Notes Barcode
eBook eBook Biblioteca "Angelicum" Pont. Univ. S.Tommaso d'Aquino Nuvola online online - DeGruyter (Browse shelf(Opens below)) Online access Not for loan (Accesso limitato) Accesso per gli utenti autorizzati / Access for authorized users (dgr)9780674275423

Frontmatter -- Contents -- Preface -- 1. Introduction -- 2. A Primer on Risk and Its History -- 3. Limited Liability -- 4. Money -- 5. Bankruptcy -- 6. Workers’ Insurance -- 7. Social Security -- 8. Product Liability Law -- 9. Security for All -- 10. The Foundations of American Risk Management Policy -- Epilogue: Risk, Knowledge, and the Veil of Ignorance -- Notes -- Acknowledgments -- Index

restricted access online access with authorization star

http://purl.org/coar/access_right/c_16ec

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.

Mode of access: Internet via World Wide Web.

In English.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 26. Aug 2024)