{"id":"https://openalex.org/W2124512172","doi":"https://doi.org/10.1080/13563467.2011.595481","title":"The Limits of Blaming Neo-Liberalism: Fannie Mae and Freddie Mac, the American State and the Financial Crisis","display_name":"The Limits of Blaming Neo-Liberalism: Fannie Mae and Freddie Mac, the American State and the Financial Crisis","publication_year":2011,"publication_date":"2011-08-02","ids":{"openalex":"https://openalex.org/W2124512172","doi":"https://doi.org/10.1080/13563467.2011.595481","mag":"2124512172"},"language":"en","primary_location":{"id":"doi:10.1080/13563467.2011.595481","doi":"https://doi.org/10.1080/13563467.2011.595481","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13563467.2011.595481","pdf_url":null,"source":{"id":"https://openalex.org/S146242404","display_name":"New Political Economy","issn_l":"1356-3467","issn":["1356-3467","1469-9923"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"New Political Economy","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5103068307","display_name":"Helen Thompson","orcid":"https://orcid.org/0000-0001-5366-3172","observed_orcids":["https://orcid.org/0000-0001-5366-3172"]},"institutions":[{"id":"https://openalex.org/I241749","display_name":"University of Cambridge","ror":"https://ror.org/013meh722","country_code":"GB","type":"education","lineage":["https://openalex.org/I241749"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Helen Thompson","raw_affiliation_strings":["Helen Thompson, Politics and International Studies, University of Cambridge, 17 Mill Lane, Cambridge, CB2 1RX, UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Helen Thompson, Politics and International Studies, University of Cambridge, 17 Mill Lane, Cambridge, CB2 1RX, UK","institution_ids":["https://openalex.org/I241749"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5103068307"],"corresponding_institution_ids":["https://openalex.org/I241749"],"apc_list":null,"apc_paid":null,"fwci":3.0787,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.92831902,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":87,"max":97},"biblio":{"volume":"17","issue":"4","first_page":"399","last_page":"419"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11817","display_name":"Housing, Finance, and Neoliberalism","score":0.9824000000953674,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11817","display_name":"Housing, Finance, and Neoliberalism","score":0.9824000000953674,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13074","display_name":"Global Financial Regulation and Crises","score":0.00839999970048666,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14154","display_name":"finance, banking, and market dynamics","score":0.002300000051036477,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/fannie-mae","display_name":"Fannie Mae","score":0.925000011920929},{"id":"https://openalex.org/keywords/freddie-mac","display_name":"Freddie Mac","score":1.0},{"id":"https://openalex.org/keywords/2008-financial-crisis","display_name":"2008 financial crisis","score":0.9760000109672546},{"id":"https://openalex.org/keywords/neoliberalism","display_name":"neoliberalism","score":0.7549999952316284},{"id":"https://openalex.org/keywords/state-versus-market","display_name":"market versus state","score":0.7419999837875366},{"id":"https://openalex.org/keywords/conservatorship","display_name":"conservatorship","score":0.8930000066757202},{"id":"https://openalex.org/keywords/federal-housing-finance-agency","display_name":"Federal Housing Finance Agency","score":0.9810000061988831},{"id":"https://openalex.org/keywords/financial-regulation","display_name":"financial regulation","score":0.453000009059906},{"id":"https://openalex.org/keywords/united-states-states","display_name":"United States states","score":0.3479999899864197}],"concepts":[{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.6109790205955505},{"id":"https://openalex.org/C2777935057","wikidata":"https://www.wikidata.org/wiki/Q487994","display_name":"Antithesis","level":2,"score":0.5406304597854614},{"id":"https://openalex.org/C48103436","wikidata":"https://www.wikidata.org/wiki/Q599031","display_name":"State (computer science)","level":2,"score":0.527029812335968},{"id":"https://openalex.org/C148901597","wikidata":"https://www.wikidata.org/wiki/Q844541","display_name":"Subprime mortgage crisis","level":3,"score":0.5084697008132935},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.45979616045951843},{"id":"https://openalex.org/C108170787","wikidata":"https://www.wikidata.org/wiki/Q3951828","display_name":"Agency (philosophy)","level":2,"score":0.44020533561706543},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.42762291431427},{"id":"https://openalex.org/C547727832","wikidata":"https://www.wikidata.org/wiki/Q6216","display_name":"Liberalism","level":3,"score":0.4274553060531616},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.42444321513175964},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.33341461420059204},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3277050852775574},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.2591719925403595},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.24800220131874084},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.23169755935668945},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.16023895144462585},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.11967641115188599},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/13563467.2011.595481","doi":"https://doi.org/10.1080/13563467.2011.595481","is_oa":false,"landing_page_url":"https://doi.org/10.1080/13563467.2011.595481","pdf_url":null,"source":{"id":"https://openalex.org/S146242404","display_name":"New Political Economy","issn_l":"1356-3467","issn":["1356-3467","1469-9923"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"New Political Economy","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:cnpexx:v:17:y:2012:i:4:p:399-419","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/13563467.2011.595481","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","display_name":"Peace, justice, and strong institutions","score":0.7297000288963318}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":28,"referenced_works":["https://openalex.org/W281610189","https://openalex.org/W575497495","https://openalex.org/W593847899","https://openalex.org/W602935090","https://openalex.org/W652957571","https://openalex.org/W1501469241","https://openalex.org/W1512450825","https://openalex.org/W1561084788","https://openalex.org/W1568092302","https://openalex.org/W1598834522","https://openalex.org/W1715153136","https://openalex.org/W1992084038","https://openalex.org/W1994647400","https://openalex.org/W1997095700","https://openalex.org/W2004254329","https://openalex.org/W2019427449","https://openalex.org/W2035725979","https://openalex.org/W2069005268","https://openalex.org/W2110931344","https://openalex.org/W2165174317","https://openalex.org/W2497940142","https://openalex.org/W2758418344","https://openalex.org/W2764877781","https://openalex.org/W3125032120","https://openalex.org/W4232379568","https://openalex.org/W4239330259","https://openalex.org/W4243719490","https://openalex.org/W4249788197"],"related_works":["https://openalex.org/W2097859658","https://openalex.org/W3125536768","https://openalex.org/W7135628631","https://openalex.org/W1553570918","https://openalex.org/W1969901067","https://openalex.org/W4231591422","https://openalex.org/W2921161087","https://openalex.org/W6991108804","https://openalex.org/W3156982449","https://openalex.org/W1880271729"],"abstract_inverted_index":{"Much":[0],"discussion":[1],"of":[2,19,26,46,132,148,155,162,171,192],"the":[3,20,47,59,62,79,90,104,107,120,123,130,133,153,156,160,169,176,180,190,193,196],"financial":[4,48,157],"crisis":[5,158,194],"has":[6],"been":[7],"shaped":[8],"by":[9,89,152],"an":[10,114,166],"analytical":[11],"narrative":[12],"around":[13],"a":[14,36,146,172],"state":[15,178],"versus":[16],"markets":[17],"antithesis":[18,34],"kind":[21],"that":[22,61],"characterises":[23],"many":[24],"critiques":[25],"neo-liberalism.":[27],"Yet":[28],"in":[29,78,94,159,165,189],"several":[30],"important":[31,167],"respects":[32],"this":[33,140],"creates":[35],"problematic":[37],"lens":[38],"through":[39,195],"which":[40,135,183],"to":[41,106],"see":[42],"some":[43],"significant":[44],"components":[45],"crisis.":[49,80],"This":[50,97],"is":[51],"particularly":[52],"apparent":[53],"if":[54],"we":[55],"sufficiently":[56],"account":[57],"for":[58,129],"role":[60],"two":[63,82,181],"privately":[64],"owned":[65],"but":[66,164],"congressionally":[67],"chartered":[68],"American":[69,91,124,177],"mortgage":[70],"corporations,":[71,134,182],"Fannie":[72],"Mae":[73],"and":[74,179],"Freddie":[75],"Mac,":[76],"played":[77,186],"These":[81],"huge":[83],"companies":[84],"were":[85],"placed":[86],"into":[87],"conservatorship":[88],"federal":[92,116],"government":[93,125],"September":[95],"2008.":[96],"move":[98,141],"gave":[99],"direct":[100],"operational":[101],"control":[102],"over":[103],"corporations":[105],"Federal":[108],"Housing":[109],"Finance":[110],"Agency":[111],"(FHFA)":[112],"\u2013":[113],"independent":[115],"regulatory":[117],"agency.":[118],"At":[119],"same":[121],"time,":[122],"took":[126],"effective":[127],"responsibility":[128],"liabilities":[131],"totalled":[136],"$5.4":[137],"trillion.":[138],"Strikingly,":[139],"was":[142],"not":[143],"so":[144],"much":[145],"moment":[147],"discontinuity":[149],"brought":[150],"about":[151],"explosion":[154],"autumn":[161],"2008,":[163],"sense":[168],"culmination":[170],"long-standing":[173],"relationship":[174],"between":[175],"had":[184],"already":[185],"its":[187],"part":[188],"development":[191],"subprime-boom.":[197]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":4},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}
