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There’s an ongoing debate among politically-motivated people about the causes of the bubble and ensuing financial crisis. I’ve long believed that the best summary and explanation is this brief e-book from Russell Roberts of the Mercatus Center. Roberts, being an economist, focuses on incentives. He talks about how various public policies gave people the wrong […]
I’ve never been happy with the widely-held theories of the causes of the financial crisis. Most are too simple and use movie-type good guy-bad guy themes to explain what went wrong. That’s why I was happy to see a new book is out with a better explanation that is better documented than most others. It’s […]
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