Less Government is Good Government? Deregulation as an Undermining Principle of Financial Markets.

Autor/in	Engartner, Tim
Titel	Less Government is Good Government? Deregulation as an Undermining Principle of Financial Markets.
Quelle	In: Journal of social science education, 9 (2010) 1, S. 32-38Infoseite zur Zeitschrift PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Beigaben	Anmerkungen
Sprache	englisch
Dokumenttyp	online; Zeitschriftenaufsatz
ISSN	1439-6246; 1618-5293; 1628-5293
DOI	10.4119/UNIBI/jsse-v9-i1-1108
Schlagwörter	Neoklassik (Ök); Finanzwirtschaft; Kapitalmarkt; Marktwirtschaft; Wirtschaftskrise; Finanzpolitik; Neoliberalismus; Deregulierung; Neoliberalismus; Finanzmarkt; Finanzpolitik; Finanzwirtschaft; Kapitalmarkt; Keynesianismus; Marktwirtschaft; Wirtschaftskrise; Deregulierung; Hayek, Friedrich August von
Abstract	Since liberalization became the dominant global narrative the stock response to market shortcomings has been to "slim down" the state and deregulate. In most countries the slogan of "less government is good government" has become a constitutive feature of economic policy since the 1980s. Markets lie at the heart of every successful economy, and despite not necessarily working well on their own, the economic policy of deregulation has been one of the most persistent currents in the global economy. Based as it is on classical liberalism and - at least in its origins and leanings - neoclassical theory, deregulation aims to minimize the influence of the state. But in the context of the current financial and economic meltdown - the worst economic dislocation since the Great Crash of 1929-32 - "downsizing" the state causes growing turmoil. Global networking has made financial markets much more volatile and therefore much more susceptible to crisis (Original übernommen).
Erfasst von	DIPF \| Leibniz-Institut für Bildungsforschung und Bildungsinformation, Frankfurt am Main (extern)
Update	2011/1