The Paradox of Vulnerability: States, Nationalism, and the Financial Crisis

Description

Why are small and culturally homogeneous nation-states in the advanced capitalist world so prosperous? Examining how Denmark, Ireland, and Switzerland managed the 2008 financial crisis, The Paradox of Vulnerability shows that this is not an accident. John Campbell and John Hall argue that a prolonged sense of vulnerability within both the state and

John L. Campbell is the Class of 1925 Professor of Sociology at Dartmouth College and professor of political economy at the Copenhagen Business School. John A. Hall is the James McGill Professor of Comparative Historical Sociology at McGill University. They are the coauthors of The World of States.

"There is much to reflect on in this book. . . . [It] is a small, but a useful, addition to the stock of knowledge around what we must hope will be the defining financial crisis of this century."---Michael Reddell, Central Banking Journal