David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Critical Review 8 (4):615-621 (1994)
In his Reply, Kindleberger falsely ascribes to me the views that political actors are utterly incompetent, while market actors are completely rational; and that political processes are pure chaos, while market processes are perfectly efficient. My point was that the relatively better performance of the market is a result of systemic factors, not the rationality of individuals. Kindleberger fails to address the historical evidence indicating the comparatively poor performance of government intervention in the monetary order. ?Market manias? are, in fact, largely the product of ill?conceived government regulations.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
Catherine England (1993). The Savings and Loan Debacle. Critical Review 7 (2-3):307-319.
Lawrence H. White (1993). What has Been Breaking U.S. Banks? Critical Review 7 (2-3):321-334.
Glenn Yago (1993). Ownership Change, Capital Access, and Economic Growth. Critical Review 7 (2-3):205-224.
Citations of this work BETA
No citations found.
Similar books and articles
Charles P. Kindleberger (1994). Theory Vs. History: Reply to Horwitz. Critical Review 8 (4):609-614.
Mohamad Jamal Zeidan (2013). Effects of Illegal Behavior on the Financial Performance of US Banking Institutions. Journal of Business Ethics 112 (2):313-324.
Dick Bryan & Shaun P. Wilson, Inside the Crystal Ball of Finance: Understanding Financial Economists' Attitudes to Market and Society.
Jerome Rothenberg (1993). Social Strategy and Tactics in the Search for Safety. Critical Review 7 (2-3):159-180.
Gus diZerega (1997). Market Non‐Neutrality: Systemic Bias in Spontaneous Orders. Critical Review 11 (1):121-144.
Bert Scholtens & Laura Spierdijk (2007). Lemons and Timber. The Case of Tropical Timber Investment Funds in the Netherlands. Philosophica 80:105-119.
Richard Windischhofer & Mika Skippari (2008). Institutional Entrepreneurs as Political Actors. Proceedings of the International Association for Business and Society 19:410-420.
Lorne S. Cummings (2000). The Financial Performance of Ethical Investment Trusts: An Australian Perspective. [REVIEW] Journal of Business Ethics 25 (1):79 - 92.
Robert E. Lloyd (1994). Government‐Induced Market Failure: A Note on the Origins of FHA Mortgage Insurance. Critical Review 8 (1):61-71.
Tae Hee Choi & Jinchul Jung (2008). Ethical Commitment, Financial Performance, and Valuation: An Empirical Investigation of Korean Companies. [REVIEW] Journal of Business Ethics 81 (2):447 - 463.
Added to index2011-10-18
Total downloads4 ( #252,595 of 1,098,965 )
Recent downloads (6 months)1 ( #287,052 of 1,098,965 )
How can I increase my downloads?