How to deal with the US financial crisis at no cost to the taxpayer
I discuss briefly the crisis itself and then give some criteria that should be used in evaluating any policy proposed o deal with it. This is followed by a critical discussion of some of the policy measures that have been suggested. Finally, I give a list of proposals, that I believe best satisfy the stated criteria. In contrast to almost all of the proposals that have been made, mine involve no bailout of the financial sector with public funds.
|Date of creation:||28 Oct 2008|
|Contact details of provider:|| Postal: Ludwigstr. 28, 80539 Munich, Germany|
Web page: http://www.vwl.uni-muenchen.de
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Lawrence M. Ausubel & Peter Cramton, 2008.
"Auction Design Critical for Rescue Plan,"
Papers of Peter Cramton
08adcfrp, University of Maryland, Department of Economics - Peter Cramton, revised 2008.
- Leamer Edward E, 2008. "Please Think This Over," The Economists' Voice, De Gruyter, vol. 5(5), pages 1-5, September.
When requesting a correction, please mention this item's handle: RePEc:lmu:muenec:6929. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tamilla Benkelberg)
If references are entirely missing, you can add them using this form.