Author | : John B. Taylor |
Publisher | : Hoover Press |
Total Pages | : 104 |
Release | : 2013-09-01 |
Genre | : Political Science |
ISBN | : 0817949739 |
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.