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Description

AN EMPIRICAL ANALYSIS OF WHAT WENT WRONG Throughout history, financial crises have always been caused by excesses--frequently monetary excesses--which lead to a boom and an inevitable bust. In our current crisis it was a housing boom and bust that in turn led to financial turmoil in the... read more

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Memorable Quotes

  • “well below what historical experience would suggest policy should be”

Authors & Contributors

  1. John B. Taylor (Author)
 

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