The Great Recession and the Property Bubble

Authors

Vernon L. Smith, Chapman UniversityFollow

Document Type

Article

Publication Date

4-16-2013

Abstract

Vernon Smith argues that economic policymakers were blinded by the housing bubble as a result of a lack of consideration for balance-sheet effects in policy making.

Comments

This article was originally published in Newsweek on April 16, 2013.

Recommended Citation

Smith, Vernon L. “The Great Recession and the Property Bubble.” Newsweek. 16 April 2013. Web.

Copyright

Newsweek