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Social and Behavioral Sciences Commons™
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Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
‘What Do I Get? The Everyday Politics Of Expectations And The Subprime Crisis’, Leonard Seabrooke
‘What Do I Get? The Everyday Politics Of Expectations And The Subprime Crisis’, Leonard Seabrooke
Leonard Seabrooke
Were Americans who agreed to subprime loans stupid? This article suggests not, and that individual choices on home loans reflect a welfare trade-off steeped in social norms. These norms provide a range of choices for individuals’ intentional rationality, from which decisions can be legitimated among their social peers. To understand individual choices about taking on a home loan, such actions must be interpreted within the context of the dominant welfare trade-off within a society over how one ensures income over their life cycle. This can be understood comparatively and also over time. This article situates the American experience among other …
‘Housing As Social Right Or Means To Wealth? Comparing The Politics Of Property Booms In Australia And Denmark’, Jens L. Mortensen, Leonard Seabrooke
‘Housing As Social Right Or Means To Wealth? Comparing The Politics Of Property Booms In Australia And Denmark’, Jens L. Mortensen, Leonard Seabrooke
Leonard Seabrooke
Should housing be considered a social right or a means to wealth? This article compares changes to taxation and housing finance regimes in a liberal market for residential property, Australia, and a corporatist market, Denmark. During the last decade, regulatory changes to taxation and housing finance systems in Australia and Denmark facilitated residential property booms. These reforms, particularly those following financial deregulation, introduced new mortgage instruments and changed economic incentives for selecting residential property as an investment vehicle. The reforms may also be associated with a more general process of transforming taxation and housing finance regimes to favour conception of …
‘Varieties Of Residential Capitalism In The International Political Economy: New Politics In Old Welfare States’, Herman M. Schwartz, Leonard Seabrooke
‘Varieties Of Residential Capitalism In The International Political Economy: New Politics In Old Welfare States’, Herman M. Schwartz, Leonard Seabrooke
Leonard Seabrooke
Comparative and international political economy are justifiably obsessed with finance as a source of power and as a key causal force for domestic and international economic outcomes. Yet both CPE and IPE ignore the single largest asset in people’s everyday lives and one of the biggest financial assets in most economies: residential property and its associated mortgage debt. This special issue argues that residential housing and housing finance systems have important causal consequences for political behavior, social stability, the structure of welfare states, and macro-economic outcomes. The articles examine specific instances across a range of countries. This introduction has broader …
‘Seeing Like The Imf: Institutional Change In Small Open Economies’, André Broome, Leonard Seabrooke
‘Seeing Like The Imf: Institutional Change In Small Open Economies’, André Broome, Leonard Seabrooke
Leonard Seabrooke
The International Monetary Fund spends most of its time monitoring its member states’ economic performance and advising on institutional change. While much of the literature sees the Fund as a policy enforcer in ‘emerging market’ and ‘frontier’ economies, little attention has been paid to exploring the Fund’s bilateral surveillance of its Western member states. This article proposes that ‘seeing like the IMF’ provides a dynamic view of how the Fund frames its advice for institutional change. It does so through ‘associational templates’ that do not blindly promote institutional convergence, but appeal for change on the basis of like-characteristics among economies. …