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Getting Off Track : How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis - John B. Taylor

Getting Off Track

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

By: John B. Taylor

eText | 1 October 2013 | Edition Number 1

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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.
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