by Mark Thoma, University of Oregon (Department of Economics)

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Nick Rowe: What Caused the Financial Crisis?

Posted on October 05, 2008

On Steven Gordon's blog, Nick Rowe of Carleton University offers his thoughts on what caused the financial crisis/es along with the economics behind his thinking:Some thoughts on the bubble/s and financial crisis/es, by Stephen Gordon: Nick Rowe provides us with some talking points on how we all got into this mess:I am taking part in a roundtable on the financial crisis next week at Carleton (Wednesday 8 October 5.30-7.00 in 360 Tory, just in case anyone is interested in attending). The audience and other panel members will be mostly political scientists. I only get 10 minutes. This is what I ...

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china , gdp , greenspan , housing , housing bubble , india , inflation , interest rates , oil