The Dead Pledge - (Columbia Studies in the History of U.S. Capitalism) by Judge Earl Glock (Paperback)

The Dead Pledge is a groundbreaking book that uncovers the hidden history of American mortgage lending and government bailouts.

Judge Glock, a senior policy advisor with the Cicero Institute, reveals how federal interventions in the early twentieth century created powerful special interests that continue to shape the modern financial system.

Through lucid prose, he explains how the modern mortgage market developed in tandem with the modern American state, and how government support for finance has become a central feature of American capitalism.

This book will challenge conventional understandings of when and how the "financialization" of American capitalism took place, and provide a new perspective on the evolution of American financial institutions.

With engaging storytelling and insightful analysis, The Dead Pledge is an essential read for anyone interested in understanding the complex relationships between government, finance, and the economy.