Spooner, Joseph 
ORCID: 0000-0001-5184-3022
(2019)
Bankruptcy: the case for relief in an economy of debt.
International Corporate Law and Financial Market Regulation.
Cambridge University Press, Cambridge, UK.
ISBN 9781107166943
Abstract
A decade after the Global Financial Crisis and Great Recession, developed economies continue to struggle under excessive household debt. While exacerbating inequality and political unrest, this debt - when combined with wage stagnation and a shrinking welfare state - has played a key role in maintaining economic growth and allowing households faced with rising costs of living to make ends meet. In Bankruptcy: The Case for Relief in an Economy of Debt, Joseph Spooner examines this economic model and finds it increasingly unsustainable. In a call to action to reduce debt burden, he turns to bankruptcy law, which is uniquely situated as a mechanism of social insurance against the risks of a debt-dependent economy. This book should be read by anyone interested in understanding the problem of consumer debt and how best to address it.
| Item Type: | Book |
|---|---|
| Official URL: | https://www.cambridge.org/gb/academic/subjects/law... |
| Additional Information: | © 2019 The Author |
| Divisions: | Law |
| Subjects: | K Law > K Law (General) |
| Date Deposited: | 11 Feb 2019 16:00 |
| Last Modified: | 12 Dec 2024 06:08 |
| URI: | http://eprints.lse.ac.uk/id/eprint/100071 |
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