The Ordinary Economics of an Extraordinary Crisis
MACROECONOMIC THEORY AND ITS FAILINGS: ALTERNATIVE PERSPECTIVE ON THE WORLD FINANCIAL CRISIS, Steven Kates, ed., Edward Elgar Publishing
19 Pages Posted: 19 Jan 2010
Date Written: 2010
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.
Keywords: Financial Crisis, Austrian Business Cycle
JEL Classification: B53
Suggested Citation: Suggested Citation