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|
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- Ausubel Lawrence M & Cramton Peter, 2008.
"Auction Design Critical for Rescue Plan,"
The Economists' Voice,
De Gruyter, vol. 5(5), pages 1-3, September.
- Leamer Edward E, 2008. "Please Think This Over," The Economists' Voice, De Gruyter, vol. 5(5), pages 1-5, September.
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