cato.org - 10/8/2009
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October 8, 2009 Policy Analysis no. 648 Would a Stricter Fed Policy and Financial Regulation Have Averted the Financial Crisis? by Jagadeesh Gokhale and Peter Van Doren Many commentators have argued that if the Federal Reserve had followed a stricter monetary policy earlier this decade ...
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New Paper: Would a Stricter Fed Policy and Financial Regulation Have Averted the Financial Crisis?
Cato @ Liberty —
Many commentators have argued that if the Federal Reserve had followed a stricter monetary policy earlier this decade when the housing bubble was forming, and if Congress had not deregulated banking but had imposed tighter financial standards, the housing boom and bust—and the subsequent financial crisis and recession—would have been averted.
In a new study, Cato scholars Jagadeesh Gokhale and Peter Van Doren investigate those claims and dispute them. ...
Readings: Gold bugs, California, H1N1, and Fed Fallacies
Paul Kedrosky's Infectious Greed —
... Loony new report arguing that a tighter Fed rate policy, more regulation and less leverage wouldn't have ameliorated the crisis (Cato) ...
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