Unchecked and unbalanced : how the discrepancy between knowledge and power caused the financial crisis and threatens democracy /

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 concentrat...

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Bibliographic Details
Main Author: Kling, Arnold S.
Format: Electronic eBook
Language:English
Published: Lanham : Stanford, Calif. : [Lanham, MD] : Rowman & Littlefield Publishers ; In cooperation with Hoover Institution, Stanford University ; Distributed by National Book Network, c2010.
Series:Hoover studies in politics, economics, and society.
Subjects:
Online Access:CONNECT

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504 |a Includes bibliographical references and index. 
505 0 |a The financial crisis of 2008 -- The discrepancy between knowledge and power -- Mechanisms for decentralizing power. 
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520 |a 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 Ch. 
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650 0 |a Finance  |x Government policy  |z United States  |x History  |y 21st century. 
650 0 |a Expertise. 
650 0 |a Authority. 
650 0 |a Decentralization in government  |z United States. 
651 0 |a United States  |x Politics and government  |y 21st century. 
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776 0 8 |i Print version:  |t Unchecked and unbalanced  |d Lanham : Rowman & Littlefield Publishers ; c2010.  |z 9781442201248 (cloth : alk. paper)  |w (DLC) 2009036925 
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