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One of the most important functions of government--risk management--is one of the least well understood. Moving beyond the most familiar public functions--spending, taxation, and regulation--When All Else Fails spotlights the government's pivotal role as a risk manager. It reveals, as never before, the nature and extent of this governmental function, which touches almost every aspect of economic life.
In policies as diverse as limited liability, deposit insurance, Social Security, and federal disaster relief, American lawmakers have managed a wide array of private-sector risks, transforming both the government and countless private actors into insurers of last resort. Drawing on history and economic theory, David Moss investigates these risk-management policies, focusing in particular on the original logic of their enactment. The nation's lawmakers, he finds, have long believed that pervasive imperfections in private markets for risk necessitate a substantial government role. It remains puzzling, though, why such a large number of the resulting policies have proven so popular in a country famous for its anti-statism. Moss suggests that the answer may lie in the nature of the policies themselves, since publicly mandated risk shifting often requires little in the way of invasive bureaucracy. Well suited to a society suspicious of government activism, public risk management has emerged as a critical form of government intervention in the United States.
From the Publisher: David Moss's book makes an innovative and persuasive contribution to the history of regulation and social policy in the United States . . . This is a major work in the field. —John Coatsworth, Harvard University
When All Else Fails very effectively explores the search for protection from the risks of modern life . . . We need more books like this that seamlessly combine economics and political analysis to help us understand the history of important areas of public policy. —Harvey M. Sapolsky, Massachusetts Institute of Technology
Title: When All Else Fails: Government as the ...
Book Condition: New
Book Description 2002. Condition: Fair. 1st. Ships from Reno, NV. Shows definite wear, and perhaps considerable marking on inside. Seller Inventory # GRP92919171
Book Description Condition: Good. [ No Hassle 30 Day Returns ][ Ships Daily ] [ Underlining/Highlighting: NONE ] [ Writing: SOME ] [ Edition: first ] Publisher: Harvard University Press Pub Date: 6/15/2002 Binding: Hardcover Pages: 464 first edition. Seller Inventory # 5929788
Book Description Harvard University Press, 2002. Condition: Good. A+ Customer service! Satisfaction Guaranteed! Book is in Used-Good condition. Pages and cover are clean and intact. Used items may not include supplementary materials such as CDs or access codes. May show signs of minor shelf wear and contain limited notes and highlighting. Seller Inventory # 0674007573-2-4
Book Description Harvard University Press. Hardcover. Condition: Very Good. Ex-Library Book - will contain Library Markings. Book shows a small amount of wear - very good condition. Seller Inventory # G0674007573I4N10
Book Description Harvard University Press, 2002. Hardcover. Condition: Used: Good. Seller Inventory # SONG0674007573
Book Description Harvard University Press, 2002. Hardcover. Condition: Very Good. Great condition with minimal wear, aging, or shelf wear. Seller Inventory # P020674007573
Book Description Harvard University Press, 2002. Hardcover. Condition: Like New. Almost new condition. Seller Inventory # P010674007573
Book Description Harvard University Press, 2002. Hardcover. Condition: New. Never used!. Seller Inventory # P110674007573
Book Description Harvard University Press. Hardcover. Condition: Fine. 0674007573 Like New Condition. Seller Inventory # LN7.0253319
Book Description Harvard University Press, Cambridge, Massachusetts, 2002. Hardcover. Condition: As New. Dust Jacket Condition: As New. 1st Edition. Clean grey boards with silver print along spine. Extremities are neat. Binding is solid. Interior is unmarked, text is all bright and clean. Dust-jacket is in pristine condition. Seller Inventory # 004979