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Legacy of the Crash

How the Financial Crisis Changed America and Britain

  • Book
  • © 2011

Overview

Editors:
  1. Terrence Casey

    1. Department of Humanities and Social Sciences, Rose-Hulman Institute of Technology, USA

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Table of contents (14 chapters)

  1. Front Matter

    Pages i-xv
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  2. Introduction: The Political Challenges of Hard Times

    1. Introduction: The Political Challenges of Hard Times

      • Terrence Casey
      Pages 1-16

  3. The Causes and Consequences of the Crash

    1. Front Matter

      Pages 17-17
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    2. Was there Ever an Anglo-American Model of Capitalism?

      • Wyn Grant
      Pages 19-37

    3. Capitalism, Crisis, and a Zombie Named TINA

      • Terrence Casey
      Pages 38-59

    4. A Tale of Two Cities: Financial Meltdown and the Atlantic Divide

      • David Coates, Kara Dickstein
      Pages 60-78

    5. Fiscal Policy Responses to the Economic Crisis in the UK and the US

      • Edward Ashbee
      Pages 79-98

  6. Back Matter

    Pages 283-291
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Keywords

About this book

When the global financial system crashed, governments in America and Britain performed the greatest bailout in history. The legacy is record government debt, low growth and a new era of austerity. A stellar cast of contributors, including Tim Bale, Wyn Grant and Graham Wilson provide a sophisticated account of how the administrations are faring.

Reviews

'The Legacy of the Crash provides timely and expert analysis of the differing political responses in Britain and the United States to the financial crash of 2008. Essential reading for anyone seeking to understand the nature of the crisis and its consequences, which are still unfolding.'

- Andrew Gamble, Professor and Head of Department of Politics, University of Cambridge, UK

'Just how did we get into the mess of the 2008 financial crisis? And what will be the fallout? These are questions to which every politician and policy maker is keen to know the answer. Where better to look than in the two heartlands of the neoliberal economics Britain and the United States at whose door many lay the blame? Terrence Casey and his colleagues set about this vital task, providing an important and insightful comparative analysis of exactly how the politics and economics of the two countries have so far weathered the financial storm.'

- John Curtice, Professor of Politics, University of Strathclyde, UK

'This book provides a wide-ranging description and evaluation of the economic and political causes of and responses to the beginnings of the current crisis.'

- Donley T. Studlar, Eberly Family Professor, Political Science, West Virginia University, USA

'A wonderfully enterprising volume. Casey's collection does superbly what political science should continually do, but hardly ever does: confront urgent contemporary issues in a scholarly and systematic way. This is not the last word on the financial crash, obviously, but it one of the most outstanding to date.'

- Michael Moran, University of Manchester Business School, UK.

Editors and Affiliations

  • Department of Humanities and Social Sciences, Rose-Hulman Institute of Technology, USA

    Terrence Casey

About the editor

TERRENCE CASEY Head and Associate Professor of Political Science, Rose-Hulman Institute of Technology, USA WYN GRANT Senior Tutor, Department of Politics and International Studies, University of Warwick, UK DAVID COATES Worrell Professor, Department of Political Science, Wake Forest University, USA KARA DICKSTEIN Research Assistant, Department of Political Science, Wake Forest University, USA EDWARD ASHBEE Associate Professor, Department of Business and Politics, Copenhagen Business School, Denmark ALISTAIR HOWARD Assistant Professor of Political Science, Temple University, USA TIM BALE Professor of Politics, University of Sussex, UK ROBIN KOLODNY Associate Professor of Political Science, Temple University, USA GRAHAM WILSON Department Head and Professor, Department of Political Science, Boston University, USA ARTHUR I. CYR A.W. and Mary Margaret Clausen Distinguished Professor of Political Economy and World Business, Director of the A.W. Clausen Center for World Business; Director ofthe International Political Economy Program; Professor of Political Science, Carthage College, USA NICOL C. RAE Professor, Department of Politics and International Relations, Florida International University, USA JUAN S. GIL Florida International University, USA MICHAEL BROGAN Assistant Professor, Political Science Department, Rider University, USA ALEX WADDEN Senior Lecturer in American Politics and American Foreign Policy, Department of Politics and International Relations, Leicester University, USA MARK SHEPHERD Senior Lecturer, University of Strathclyde, UK JOHN E. OWENS Professor of U.S. government and Politics, Centre for the Study of Democracy, University of Westminster, UK RICHARD J. MAIMAN Professor Emeritus of Political Science, University of Southern Maine, USA.

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