What Makes a Bailout Acceptable?Journal of Economic Issues
AbstractSince March 2008 we have witnessed a flurry of government "bailouts," directed to assist financial institutions. What has made these more or less acceptable to the public is the hope that they are temporary, implemented in a state of emergency, and that they offer market solutions and won't structurally change capitalist relations. However, no temporary stimulus and bailouts can address the systemic instability in financial capitalism identified by Post Keynesians and Institutionalists.
Citation InformationZdravka Todorova. "What Makes a Bailout Acceptable?" Journal of Economic Issues Vol. 43 Iss. 2 (2009) p. 319 - 325 ISSN: 0021-3624
Available at: http://works.bepress.com/zdravka_todorova/15/