Entender a crise financeira
Economia

Entender a crise financeira


We Don’t Face Any Good Options’

Nobel Prize–winning economist Vernon Smith on the financial crisis, Adam Smith’s underrated insights, and his journey from socialist to libertarian.

 Smith: If you think about the housing bubble, buyers, sellers, borrowers, lenders, real estate agents, government regulators—everybody believed that prices would rise and continue to rise. And that is the essence of a bubble. Suppose a regulator in 2003 or 2004 said, “Hey, this thing is not sustainable. We’ve got to do something to stop it.” I think he’d have been fired. If the bubble had been stopped in 2003 or 2004, it probably would have been a lot less damaging. But who’s going to know that?




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Abaixo links para um excelente conjunto de artigos relativos à crise financeira internacional de 2008: Alan Greenspan. The roots of the mortgage crisis. Alan Greenspan. The Fed didn’t cause the housing bubble. Barry Eichengreen. The last temptation...

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Vernon Smith, Iraque e nenhum biquini Vernon Smith, Nobel de 2002 em Economia, fala sobre como resolver o problema do petróleo iraquiano. Algum político dará ouvidos à Academia?...

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Petróleo, Iraque, e um povo livre O Prêmio Nobel de Economia de 2003, Vernon Smith, neste artigo, trata de um problema que já tentei discutir aqui antes - sem sucesso: o da alocação de petróleo num Iraque pós-ditadura. Sound too pie-in-the-sky...



Economia








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