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Synopsis
Through an examination of the political causes of "thrift tragedy", this text argues that politicians and bureaucrats generally acted in the "public spirit" after the failure of the FLSIC. The text incorporates new evidence and innovative methods in its analysis.
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Review
Rom's book is required reading for those fascinated by the S&L crisis. " Choice"" This book reviews the fascinating-and horrifying-story of how American savings and loan associations (also known as 'thrifts') managed to rack up horrendous losses during the decade of the 1980s. . . . Rom tells the story with great skill, and it was a pleasure for me to watch the details of the unfolding of a financial Greek tragedy. " Annals of the American Academy of Political and Social Science"" The spectacular failure of the savings and loan industry during the 1980s, resulting in losses to taxpayers of approximately $180 billion, is the subject of this volume by Mark Carl Rom. It will undoubtedly become the definitive work in political science on what is believed by many to be the most significant public policy fiasco in recent memory. " American Political Science Review"" "Rom's book is required reading for those fascinated by the S&L crisis.""--Choice" "This book reviews the fascinating-and horrifying-story of how American savings and loan associations (also known as 'thrifts') managed to rack up horrendous losses during the decade of the 1980s. . . . Rom tells the story with great skill, and it was a pleasure for me to watch the details of the unfolding of a financial Greek tragedy.""--Annals of the American Academy of Political and Social Science" "The spectacular failure of the savings and loan industry during the 1980s, resulting in losses to taxpayers of approximately $180 billion, is the subject of this volume by Mark Carl Rom. It will undoubtedly become the definitive work in political science on what is believed by many to be the most significant public policy fiasco in recent memory.""--American Political Science Review"
About the Author
Mark Carl Rom is associate professor of government at Georgetown University.
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- PublisherUniversity of Pittsburgh Press
- Publication date1996
- ISBN 10 0822956004
- ISBN 13 9780822956006
- BindingPaperback
- Number of pages326
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Public Spirit in the Thrift Tragedy
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University of Pittsburgh Press, 1996
ISBN 10: 0822956004
ISBN 13: 9780822956006
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Softcover
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Public Spirit in the Thrift Tragedy (Pitt Series in Policy and Institutional Studies)
Published by
University of Pittsburgh Press, 1996
ISBN 10: 0822956004
ISBN 13: 9780822956006
Used
Paperback
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Paperback. Condition: Good. Good paperback. Text contains underlining/marking. wear. Couple dog-feared pages. Covers show light edge wear. Crease on spine. Book slightly shelf-cocked.; 100% Satisfaction Guaranteed! Ships same or next business day!. Seller Inventory # 51602190036
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Public Spirit in the Thrift Tragedy (Pitt Series in Policy and Institutional Studies)
Published by
University of Pittsburgh Press, United States, Pittsburgh PA, 1996
ISBN 10: 0822956004
ISBN 13: 9780822956006
Used
Paperback
Seller: WorldofBooks, Goring-By-Sea, WS, United Kingdom
Seller rating 5 out of 5 stars
Paperback. Condition: Good. Winner of the Harold Lasswell Award of the American Political Science AssociationThe FSFIC failed spectacularly during the 1980s, costing taxpayers an estimated $200 billion. In this award-winning analysis, Rom examines the political causes of this u201cthrift tragedy. u201d He directly confronts-and rejects-the dominant scholarly u201cpublic choice u201d view that public officials were motivated mainly be self-interest. Instead, Rom argues that politicians and bureaucrats generally acted in the u201cpublic spirit u201d by attempting to obtain the common interest as they saw it. Using new evidence and innovative methods, Rom demonstrates that FSLIC's failure unfolded because of commitments that officials had made in the past and their uncertainties about how to fulfill these obligations in the future. The book has been read but remains in clean condition. All pages are intact and the cover is intact. Some minor wear to the spine. Seller Inventory # GOR012422496
Quantity: 1 available
Stock Image
Public Spirit in the Thrift Tragedy (Pitt Series in Policy and Institutional Studies)
Published by
University of Pittsburgh Press, 1996
ISBN 10: 0822956004
ISBN 13: 9780822956006
Used
Softcover
Seller: Irish Booksellers, Portland, ME, U.S.A.
Seller rating 5 out of 5 stars
Condition: Good. SHIPS FROM USA. Used books have different signs of use and do not include supplemental materials such as CDs, Dvds, Access Codes, charts or any other extra material. All used books might have various degrees of writing, highliting and wear and tear and possibly be an ex-library with the usual stickers and stamps. Dust Jackets are not guaranteed and when still present, they will have various degrees of tear and damage. All images are Stock Photos, not of the actual item. book. Seller Inventory # 11-0822956004-G
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Stock Image
Public Spirit in the Thrift Tragedy (Pitt Series in Policy and Institutional Studies)
Published by
University of Pittsburgh Press, 1996
ISBN 10: 0822956004
ISBN 13: 9780822956006
Used
Softcover
Seller: Ergodebooks, Houston, TX, U.S.A.
Seller rating 5 out of 5 stars
Softcover. Condition: Good. 1. Winner of the Harold Lasswell Award of the American Political Science AssociationThe FSFIC failed spectacularly during the 1980s, costing taxpayers an estimated $200 billion. In this award-winning analysis, Rom examines the political causes of this thrift tragedy. He directly confronts-and rejects-the dominant scholarly public choice view that public officials were motivated mainly be self-interest. Instead, Rom argues that politicians and bureaucrats generally acted in the public spirit by attempting to obtain the common interest as they saw it. Using new evidence and innovative methods, Rom demonstrates that FSLIC's failure unfolded because of commitments that officials had made in the past and their uncertainties about how to fulfill these obligations in the future. Seller Inventory # SONG0822956004
Quantity: 1 available
Stock Image
Public Spirit in the Thrift Tragedy (Pitt Series in Policy and Institutional Studies)
Published by
University of Pittsburgh Press, 1996
ISBN 10: 0822956004
ISBN 13: 9780822956006
Used
Paperback
Seller: Midtown Scholar Bookstore, Harrisburg, PA, U.S.A.
Seller rating 5 out of 5 stars
Paperback. Condition: Very Good. Very Good - Crisp, clean, unread book with some shelfwear/edgewear, may have a remainder mark - NICE Standard-sized. Seller Inventory # M0822956004Z2
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