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The 2007-09 financial crisis and economic downturn inflicted considerable hardship on the U.S. population. This book argues that the financial crisis and ensuing recession reflected not just a malfunctioning of the financial system - but also inequalities and insecurities in access to livelihoods that favor well-off groups and leave ordinary people shouldering undue burdens of downside risk. This book, a collection of original papers by leading social economists and scholars in related fields, examines social, distributional, and ethical dimensions of the downturn. It should be of broad interest to the social-science and economic-policy communities.
Published by: Palgrave Macmillan
Publication Date: 2011-02-25
Format: Hardcover
ISBN-13: 9780230105317
DOI: 10.1057/9780230118355
Dimensions: 216cm x140cm
Pages: 270