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The God that Failed: Free Market Fundamentalism and the Lehman Bankruptcy

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  • Ferguson Thomas
  • Johnson Robert

Abstract

Thomas Ferguson of U. Mass, Boston and Robert Johnson of the Roosevelt Institute argue that letting Lehman fail--not the later bailout announcement--triggered the financial collapse, contrary to the views of John Taylor and John Cochrane and Luigi Zingales.

Suggested Citation

  • Ferguson Thomas & Johnson Robert, 2010. "The God that Failed: Free Market Fundamentalism and the Lehman Bankruptcy," The Economists' Voice, De Gruyter, vol. 7(1), pages 1-7, January.
  • Handle: RePEc:bpj:evoice:v:7:y:2010:i:1:n:1
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    Cited by:

    1. Thomas Ferguson & Robert Johnson, 2013. "When wolves cry ‘wolf’: systemic financial crises and the myth of the Danaid Jar," Chapters,in: Monetary Economies of Production, chapter 7, pages 73-98 Edward Elgar Publishing.
    2. Karanassou, Marika & Sala, Hector, 2010. "The US inflation-unemployment trade-off revisited: New evidence for policy-making," Journal of Policy Modeling, Elsevier, vol. 32(6), pages 758-777, November.

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