Abstract

  
 

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The Ordinary Economics of an Extraordinary Crisis


Peter J. Boettke


George Mason University - Department of Economics

William J. Luther


Kenyon College
2010

MACROECONOMIC THEORY AND ITS FAILINGS: ALTERNATIVE PERSPECTIVE ON THE WORLD FINANCIAL CRISIS, Steven Kates, ed., Edward Elgar Publishing

Abstract:     
The authors offer perspective on the world financial crisis. Specifically, they claim it was a perfect storm of policy errors that caused the housing bubble and then perpetuated the recovery period into an over-extended recession.

Number of Pages in PDF File: 19

Keywords: Financial Crisis, Austrian Business Cycle

JEL Classification: B53

Accepted Paper Series


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Date posted: January 19, 2010  

Suggested Citation

Boettke, Peter J. and Luther, William J., The Ordinary Economics of an Extraordinary Crisis (2010). MACROECONOMIC THEORY AND ITS FAILINGS: ALTERNATIVE PERSPECTIVE ON THE WORLD FINANCIAL CRISIS, Steven Kates, ed., Edward Elgar Publishing . Available at SSRN: http://ssrn.com/abstract=1529570

Contact Information

Peter J. Boettke (Contact Author)
George Mason University - Department of Economics ( email )
4400 University Drive
Fairfax, VA 22030
United States
703-993-1149 (Phone)
703-993-1133 (Fax)
William J. Luther
Kenyon College ( email )
Gambier, OH 43022
United States
HOME PAGE: http://www.wluther.com
Feedback to SSRN (Beta)


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Citations:  2
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