Title: Last resort
Description: Eric A. Posner argues that bailouts, like those that took place during the 2008-2009 financial crisis, have happened in the past and that they are both "necessary and unavoidable in any modern capitalist or market-based system." Posner analyzes bailouts from economic, political, and legal angles.--Provided by publisher.
Subjects: Bailouts (Government policy), Global Financial Crisis, 2008-2009, Financial crises, Intervention (Federal government), Intervention (international law)
Places: United States