A failure of capitalism: the crisis of '08 and the descent into depression

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Economic Theory and Policy Global Financial Crisis and Policies Economic, financial, and policy analysis

Abstract

* The Depression and Its Proximate Causes * The Crisis in Banking * The Underlying Causes * Why a Depression Was Not Anticipated * The Government Responds * A Silver Lining? * What We Are Learning about Capitalism and Government * The Economics Profession Asleep at the Switch * Apportioning Blame * The Way Forward * The Future of Conservatism * Conclusion * Further Readings * Index

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