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And … it's gone: the economics ofSouth Park 's Margarita (housing bubble) episode

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  • Peter DiIorio
  • Walter E. Block

Abstract

Purpose - The purpose of this paper is to analyze Design/methodology/approach - The essay describes the events in the Findings - The authors found that the creators of Research limitations/implications - The recession was caused by the Federal Reserve System artificially lowering interest rates, which led to malinvestments in round about directions (housing); this was exacerbated by HUD, CRA, Fannie, Freddie and other governmental subsidies, regulations which also led to the overbuilding of housing. Further research should delve into these causes of the difficulties. Practical implications - The Originality/value - javax.xml.bind.JAXBElement@6d1cee57

Suggested Citation

  • Peter DiIorio & Walter E. Block, 2012. "And … it's gone: the economics ofSouth Park 's Margarita (housing bubble) episode," Humanomics: The International Journal of Systems and Ethics, Emerald Group Publishing, vol. 28(1), pages 76-84, February.
  • Handle: RePEc:eme:humpps:v:28:y:2012:i:1:p:76-84
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    References listed on IDEAS

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    1. Raj, Madhusudan, 2008. "Mending the Meltdown: Fending off the Interventions and Resurrecting the Market," MPRA Paper 15693, University Library of Munich, Germany.
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