Economics

Government and Market in the Crash of 2008

ABSTRACT

This conference explored the events around the economic crisis of 2008-09, utilizing two main works: the Austrian economics–influenced account of Thomas Woods’s Meltdown and Richard Posner’s A Failure of Capitalism.

READING LIST

Conference Readings

Alan Greenspan. "Alan Greenspan: A Response to My Critics." Financial Times (FT.com) Economists' Forum. http://blogs.ft.com/economistsforum/2008/04/alan-greenspan-a-response-to-my-critics/ (October 15, 2009).

Alan Greenspan. "The Fed Didn’t Cause the Housing Bubble." The Wall Street Journal (March 2009): A15 . http://online.wsj.com/article/SB123672965066989281.html (accessed ).

Greenspan, Alan. The Age of Turbulence: Adventures in a New World . New York: Penguin, 2008.

Posner, Richard A. A Failure of Capitalism: The Crisis of '08 and the Descent into Depression. Cambridge: Harvard University Press, 2009.

Woods, Thomas E. Jr. Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse. Washington, D.C.: Regnery Press, 2009.