The Great Recession: Market Failure or Policy Failure?
6 Studies in Macroeconomic History

The Great Recession: Market Failure or Policy Failure?

By
Robert L. Hetzel
Robert L. Hetzel
2011 • 401 pages

Argues that the 2008-9 recession needs to be understood as deriving from mistakes of central banks and regulators, not financial markets.

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6 released books

Studies in Macroeconomic History

Studies in Macroeconomic History is a 6-book series with 6 released primary works first released in 1991 with contributions by Larry Neal, Caroline Fohlin, and Robert L. Hetzel.

Deflation: Current and Historical Perspectives
The Great Recession: Market Failure or Policy Failure?
The Fed and Lehman Brothers: Setting the Record Straight on a Financial Disaster
Controlling Credit: Central Banking and the Planned Economy in Postwar France, 1948–1973

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