When All Else Fails: Government as the Ultimate Risk Manager

When All Else Fails: Government as the Ultimate Risk Manager

by David A. Moss

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Overview

When All Else Fails: Government as the Ultimate Risk Manager by David A. Moss

One of the most important functions of government -- risk management -- is one of the least well understood. Moving beyond the most familiar public functions -- spending, taxation, and regulation -- When All Else Fails reveals the nature and extent of the government's crucial role. In policies as diverse as limited liability, deposit insurance, Social Security, and federal disaster relief, American lawmakers have managed a wide array of private-sector risks, transforming both the government and countless private actors into insurers of last resort.

Product Details

ISBN-13: 9780674007574
Publisher: Harvard University Press
Publication date: 06/28/2002
Pages: 464
Product dimensions: 6.30(w) x 9.40(h) x 1.60(d)

About the Author

David A. Moss is Paul Whiton Cherington Professor of Business Administration at Harvard Business School and founder of The Tobin Project.

Table of Contents

Prefacevii
1Introduction1
2A Primer on Risk and Its History22
3Limited Liability53
4Money85
5Bankruptcy123
6Workers' Insurance152
7Social Security180
8Product Liability Law216
9Security for All253
10The Foundations of American Risk Management Policy292
Epilogue: Risk, Knowledge, and the Veil of Ignorance326
Notes337
Acknowledgments444
Index446

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