Gambling with Other People's Money: How Perverse Incentives Caused the Financial Crisis Volume 692

by Russel "Russ" Roberts

What caused the Financial Crisis of 2008? While government mandates and private sector mistakes did contribute to the crisis and, as such, can be blamed at least in part for what happened, this book takes a different approach. Russ Roberts argues that these explanations miss the underlying cause of the mess: the past bailouts of large financial institutions that allowed these institutions to gamble carelessly because they were effectively using other...

• Format: Paperback
• Language: English
• ISBN: 0817921850
• ISBN13: 9780817921859
• Release Date: January 2019
• Publisher: Hoover Institution Press
• Length: 112 Pages
• Weight: 0.40 lbs.
• Dimensions: 0.4" x 5.5" x 8.4"