David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Critical Review 8 (1):61-71 (1994)
The conventional wisdom regarding the creation of federal housing programs during the Great Depression cites market failure as the key factor leading to government action. A review of the historical record regarding one program in particular, the Federal Housing Administration's insurance of real?estate mortgages, suggests a more complex picture. Amortized loans were not created anew by the FHA but had been developed previously by various financial institutions; their use by national banks was restricted by law. What market failure occurred seems to have been induced, at least in part, by the federal government.
|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
Gene Smiley (1991). Can Keynesianism Explain the 1930s? Reply to Cowen. Critical Review 5 (1):81-114.
Citations of this work BETA
No citations found.
Similar books and articles
David Schmidtz (1993). Market Failure. Critical Review 7 (4):525-537.
George Selgin (1994). Are Banking Crises Free‐Market Phenomena? Critical Review 8 (4):591-608.
Steven Horwitz (1994). Systemic Rationality and the Effects of Financial Regulation: Rejoinder to Kindleberger. Critical Review 8 (4):615-621.
Neil A. Manson (2007). Why Shouldn't Insurance Companies Know Your Genetic Information? Journal of Philosophical Research 32 (Supplement):345-356.
Jason Sorens (2000). The Failure to Converge: Why Globalization Doesn't Cause Deregulation. Critical Review 14 (1):19-33.
Daniel Callahan (2006). Medicine and the Market: Equity V. Choice. Johns Hopkins University Press.
Rutger Claassen (2011). Communication as Commodity: Should the Media Be on the Market? Journal of Applied Philosophy 28 (1):65-79.
Robert Emmet Moffit (1994). Personal Freedom and Responsibility: The Ethical Foundations of a Market-Based Health Care Reform. Journal of Medicine and Philosophy 19 (5):471-481.
Kevin B. Bales (1984). The Dual Labor Market of the Criminal Economy. Sociological Theory 2:140-164.
Sean Donaghue Johnston (2011). John Stuart Mill on Health Care Reform. Social Philosophy Today 27:63-74.
Roger W. Garrison (1993). The Roaring Twenties and the Bullish Eighties: The Role of Government in Boom and Bust. Critical Review 7 (2-3):259-276.
Added to index2011-10-18
Total downloads5 ( #265,498 of 1,692,772 )
Recent downloads (6 months)1 ( #182,244 of 1,692,772 )
How can I increase my downloads?