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Interventionist responsibilities for the emergence of the US housing bubble and the economic crisis: ‘neoliberal deregulation’ is not the issue

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  • Stefano Moroni

Abstract

Many commentators and scholars blame a lack of regulation for the present economic crisis. They maintain that the crisis is mainly due to the alleged neoliberal deregulation of the socio-economic system. This article considers a different possible explanation, attributing greater responsibility to interventionist public policies. In this perspective, and within a framework of general reform, the role of land and building regulations in particular will be critically discussed. To avoid any misunderstanding: the idea is not to put ‘all’ the blame on public intervention, but to also recognize its contribution.

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  • Stefano Moroni, 2016. "Interventionist responsibilities for the emergence of the US housing bubble and the economic crisis: ‘neoliberal deregulation’ is not the issue," European Planning Studies, Taylor & Francis Journals, vol. 24(7), pages 1295-1312, July.
    • Handle: RePEc:taf:eurpls:v:24:y:2016:i:7:p:1295-1312
    DOI: 10.1080/09654313.2016.1168786
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    Cited by:

    1. Moroni, Stefano & Antoniucci, Valentina & Bisello, Adriano, 2016. "Energy sprawl, land taking and distributed generation: towards a multi-layered density," Energy Policy, Elsevier, vol. 98(C), pages 266-273.

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