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Krippner: how the US avoided tough decisions through deregulation

POSTED ON March 17th  - POSTED IN Blog, Financial Regulation

Krippner capitalisingA short review of Greta Krippner’s Capitalising on Crisis – The Political Origins of the Rise of Finance

By Jack Copley

Financial markets are fundamentally concerned with the future. Loans to businesses enable future profits, derivatives supposedly insure against future risk, and speculative practices attempt to profit from future price movements. Yet to truly understand how we arrived at the current financial status quo, we must turn our gaze backwards. This is exactly what Greta Krippner does in her 2012 book Capitalising on Crisis

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