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Lessons from the Subprime Meltdown

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Author Info
L. Randall Wray

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Abstract

This student of Hyman Minsky uses the late economist's analysis to document the history of the current credit crisis. It amounts to a strong case against deregulation and a thorough understanding of the limits of markets. The author presents recommendations for future public policy.

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File URL: http://mesharpe.metapress.com/link.asp?target=contribution&id=KP810L30713M0567
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Publisher Info
Article provided by M.E. Sharpe, Inc. in its journal Challenge.

Volume (Year): 51 (2008)
Issue (Month): 2 (March)
Pages: 40-68
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Handle: RePEc:mes:challe:v:51:y:2008:i:2:p:40-68

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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106043

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  1. James Crotty, 2008. "Structural Causes of the Global Financial Crisis: A Critical Assessment of the ‘New Financial Architecture’," Working Papers 2008-14, University of Massachusetts Amherst, Department of Economics. [Downloadable!]
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This page was last updated on 2009-11-22.


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