Getting Off Track

How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis

John B. Taylor

• Éditeur: Hoover Institution Press
• Année: 2013
• ISBN:
  9780817949730
• Édition: 1
• Sujet: Economics
• Sous-sujet: Economic Policy

In this concise volume, leading economist John B. Taylor offers empirical research to explain what caused the current financial crisis, what prolonged it, and what dramatically worsened it more than a year after it began. The evidence he presents strongly suggests that specific government actions and interventions are largely to blame and that any future government interventions must be based on a clearly stated diagnosis of the problem and a rationale for the interventions.

Table des matières

• Cover Page
• Title Page
• Copyright Page
• Dedication Page
• Contents
• List of Figures
• Preface
• 1. What Caused the Financial Crisis
• 2. What Prolonged the Crisis
• 3. Why the Crisis Worsened Dramatically a Year after It Began
• 4. What Went Right in the Two Decades before the Crisis
• 5. Why a Black Swan Landed in the Money Market in August 2007
• Epilogue
• Frequently Asked Questions
• References
• Acknowledgments
• About the Author
• Index