A Summary of the Crisis

October 8th, 2014 by Rick Drain

Nobel Laureate Paul Krugman has written a review of fellow-economist Martin Wolf’s newest book. The review serves as a very readable summary of our latest financial crisis.

He covers where the crisis came from, what we’ve done, and what we haven’t done but should.

From the October 23, 2014 issue of The New York Review of Books, reviewing
The Shifts and the Shocks: What We’ve Learned—and Have Still to Learn—from the Financial Crisis. Click to follow the link:

Why Weren’t Alarm Bells Ringing?

 

Longsplice rope

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