Hidden in plain sight
what really caused the world's worst financial crisis and why it could happen again
First paperback edition.
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Word Count
102,750 words, Guess
Page Count
411 pages
Identifiers
- ISBN-101594038651
- ISBN-139781594038655
- OCLC Control Number921917735
- Better World Books9781594038655
- Better World BooksW8-BHC-064
and 1 more
- Open LibraryOL27211749M
Classifications
- LCCHB3717 2008
Description
The 2008 financial crisis, like the Great Depression, was a world-historical event. What caused it will be debated for years, if not generations. The conventional narrative is that the financial crisis was caused by Wall Street greed and insufficient regulation of the financial system. That narrative produced the Dodd-Frank Act, the most comprehensive financial-system regulation since the New Deal. There is evidence, however, that the Dodd-Frank Act has slowed the recovery from the recession. If insufficient regulation caused the financial crisis, then the Dodd-Frank Act will never be modified or repealed; proponents will argue that doing so will cause another crisis.
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- Hidden in plain sight: what really caused the world's worst financial crisis and why it could happen again
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