March, 2010

The Ordinary Economics of an Extraordinary Crisis

  • Peter J. Boettke

    Director, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
  • William Luther

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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.

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