Why the conventional wisdom about the 2008 financial crisis is still wrong : ten years later

Summary: Much of what has been heard, read, or taught about the 2008 financial crisis is incorrect. It was not caused by free market capitalism run amok. The crisis was not created by deregulatory zeal. It wasn't primarily due to greed on Wall Street. The crisis was not simply created by people's ""irrational exuberance"" or ""animal spirits."" Perhaps most importantly, it did not require bailouts and thousands of pages of new regulations to fix. Instead, it came about because of significant market distortions created by government subsidies, misregulation, and perverse incentives. The conventional wisd.

Record details

ISBN: 9781527519237
ISBN: 1527519236
ISBN: 9781527522961
ISBN: 1527522962
Physical Description: 1 online resource (viii, 189 pages) : illustrations
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Publisher: Newcastle upon Tyne : Cambridge Scholars Publishing, 2019.