Author Description

Cover -- Disembedded -- Copyright -- Dedication -- Contents -- Preface -- Acknowledgments -- Note On Sources -- 1. Polanyi On Wall Street -- Ten Years, Two Presidents -- Reading Polanyi In The Aftermath Of The Financial Crisis -- The Crisis Of The Early Twentieth Century And The Postwar Expansion Of The Protective State -- Late Twentieth-century Economic Transformations And Political Shifts -- The Financial Turn In The Economy -- The Neoliberal Turn In Government -- Disembedded Financialization: American Economy And The Deficit In Risk Protection American Government And The Great Recession -- Outline Of The Book -- 2. A New Creed On Regulation -- The Rise Of The Economic Theories Of Regulation In The 1970s And 1980s -- Regulatory Capture -- Regulation As A Source Of Rent-seeking -- Limitations Of Bureaucracy As A Technique Of Government -- Regulatory Perspectives In The 1990s -- Conclusion -- 3. The Political Ascent Of The New Creed -- Substantive Regulation Comes Under Scrutiny: Ford And Carter Administrations -- From A Pragmatic Critique To A Systematic Rejection: Reagan Administration Reinventing The Government As A Private Entity: Clinton Administration -- Conclusion -- 4. From Politics To Policy: Regulation And Finance -- Deregulation And Finance -- Regulatory Drift And Finance -- Micro-orientations In Risk Regulation -- Information Provision As Risk Regulation -- Caveat Emptor: Risk Regulation By Disclosure -- Rating Agencies -- Financial Literacy -- Conclusion -- 5. Disembeddedness In Financial Times -- The Regulatory Underpinnings Of Disembedded Finance -- The Limitations Of A Micro-oriented Approach -- The Limitations Of An Information-based Approach The Fragmented Regulatory Structure Of Us Finance -- Disembeddedness As Deficit In Risk Protection -- Deficit In Systemic Risk Protection -- Deficit In Consumer Financial Protection -- Deficit In Social Protection In The Time Of Financialization -- Conclusion -- 6. The Crisis -- Relief And Recovery: Technocrati