Research Paper: Crony CapitalismAssignment Instructions

Overview

Examine the role that state intervention played in engendering crony capitalism, speculative financing, and leverage debt. You should look specifically at the housing crisis and increased speculative financing/debt financing seen in many businesses which were themselves, in turn, bailed out by the Federal Government. You should discuss key statist interventions on the part of the Fed and other governmental actors which may have contributed to these outcomes. You will also evaluate these factors in light of a biblical model of statesmanship.Remember also that writing a research paper, especially at the doctoral level, requires you to weave in ideas from numerous sources and then in turn synthesizing those ideas to create fresh insights and knowledge.Answers to questions must be supported with research and citations. It is not unusual, for instance, to have 3–4 citations per paragraph in doctoral-level research.

Instructions

• 12-14 pages of content, double-spaced
• Turabian format
• Must include citations from all readings and presentations for the assigned module, and at least 20 outside scholarly sources
• Acceptable sources include scholarly articles and books published within the last five years

Learning Outcomes

Upon successful completion of this module, you will be able to:

• Discuss key statist economic interventions in light of the required reading
• Analyze key facets of crony capitalism as engendered by statist economic interventions
• Evaluate speculative finance and statist intervention in light of a Biblical model of statesmanship

Overview

Government economic intervention can lead businesses to seek favor with the government  and limit competition. This is the essence of crony capitalism, where businesses seek government aid. Taxpayers in turn are forced to sponsor this behavior. This module takes a closer look at these interactions.

Textbook Readings

• Stockman: chs. 19–26
• Presentation on Crony Capitalism- to cite this transcript, please use this format: Fischer, K. (2018). Week Five Presentation:  ” Crony Capitalism at the intersection of Main Street and Wall Street  (6:00)

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