IDEAS home Printed from https://ideas.repec.org/a/bla/pstrev/v8y2010i1p15-26.html
   My bibliography  Save this article

Separating Sense from Nonsense in the US Debate on the Financial Meltdown

Author

Listed:
  • David Coates

Abstract

The US debate on the causes of the financial meltdown and the policies appropriate for its resolution have a different center of gravity to that prevalent in Western Europe. Free‐market solutions continue to be canvassed by conservative and libertarian politicians and political commentators with an intensity that is rarely found elsewhere, reflecting the extent to which a significant minority of American voters and policy makers remain wedded to a principled anti‐statism. This article surveys those views, and the rebuttals to them now coming from more center‐left elements of the US political class. It argues for the superiority of the latter, while noting that one serious adverse consequence of this positioning of the US debate is its capacity to distract attention from important underlying structural causes of the housing crisis and associated credit crunch.

Suggested Citation

  • David Coates, 2010. "Separating Sense from Nonsense in the US Debate on the Financial Meltdown," Political Studies Review, Political Studies Association, vol. 8(1), pages 15-26, January.
    • Handle: RePEc:bla:pstrev:v:8:y:2010:i:1:p:15-26
    DOI: 10.1111/j.1478-9302.2009.00203.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1478-9302.2009.00203.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1478-9302.2009.00203.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:pstrev:v:8:y:2010:i:1:p:15-26. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=1478-9299 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.