Academics on What Caused the Financial Crisis » financialsurfer.com

Academics on What Caused the Financial Crisis

February 28th, 2010 | Category: Economy
David Wessel writes: Understanding what caused the recent financial crisis is essential to successfully refining the practice of finance to reduce the odds of repeating it. So the Financial Crisis Inquiry Commission on Friday and Saturday heard several academic economists’ take on what led to a near meltdown of the global economy. “We are now very slowly emerging from the worst financial and housing crisis since the Great Depression,” Christopher Mayer of the Columbia Business School told the commission…

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