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by tedsanders
3276 days ago
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It's not even known whether the subprime crisis even caused the great recession. Causality is very hard to prove when we only have one reality. Some think the crisis was caused most by cautiousness by the Fed; in this case, the 2008 crisis may indeed have been caused by economists. http://econlog.econlib.org/archives/2015/09/how_the_subprim.... |
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