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The US Political Brawl over the Causes of the Crisis. Comments and Additions

Author

Listed:
  • Giorgio Szegö

    () (University of Rome "La Sapienza")

Abstract

The Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States was released on January 27th, 2011. The strong political differences within the commission prevented the draft of a shared report. In addition to the majority report, two dissenting ones have been produced. I shall criticize some of their conclusions and point out some unreported facts.

Suggested Citation

  • Giorgio Szegö, 2011. "The US Political Brawl over the Causes of the Crisis. Comments and Additions," Rivista di Politica Economica, SIPI Spa, issue 3, pages 229-252, JULY-SEPT.
  • Handle: RePEc:rpo:ripoec:y:2011:i:3:p:229-252
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    Keywords

    world; globalization; development; transformation; crisis; recession; values; institutions; policie;

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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