Economia
- A Grande Estagnaçaõ - A Bomba Da Dívida
Betting with Trillions Prison of Debt Paralyzes West By Cordt Schnibben Be it the United States or the European Union, most Western countries are so highly indebted today that the markets have a greater say in their policies than the people. Why...
- Política Monetária Americana
Why did the Federal Reserve lend to banks and other financial institutions during the financial crisis?Intense strains in financial markets during the financial crisis severely disrupted the flow of credit to U.S. households and businesses and led...
- Bancos E Governos
Phillip Bagus explica: "... Today's banks are not free-market institutions. They live in a symbiosis with governments that they are financing. The banks' survival depends on privileges and government interventions. Such an intervention explains...
- O Fim Da Bolha Dos Brics Está Chegando
BRIC Banks Signaling Credit Risks as Loans Sour By Michael Patterson - Jul 31, 2011 8:00 PM GMT-0300Sun Jul 31 23:00:00 GMT 2011 Banks in the biggest emerging markets are losing the confidence of investors as loans...
- A Orígem Da Crise Financeira Global - John Taylor
The author tells how unusually easy monetary policy helped set the crisis in motion, as interest rates at the Federal Reserve and several other central banks deviated from historical regularities. He explains monetary interaction with the subprime mortgage...
Economia
O papel do governo na crise
GARY S. BECKER
The origins of the financial crisis and the Great Recession are widely attributed to "market failure." This refers primarily to the bad loans and excessive risks taken on by banks in the quest to expand their profits. The "Chicago School of Economics" came under sustained attacks from the media and the academy for its analysis of the efficacy of competitive markets. Capitalism itself as a way to organize an economy was widely criticized and said to be in need of radical alteration.
Although many banks did perform poorly, government behavior also contributed to and prolonged the crisis. The Federal Reserve kept interest rates artificially low in the years leading up to the crisis. Fannie Mae and Freddie Mac, two quasi-government institutions, used strong backing from influential members of Congress to encourage irresponsible mortgages that required little down payment, as well as low interest rates for households with poor credit and low and erratic incomes. Regulators who could have reined in banks instead became cheerleaders for the banks... Leia mais
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- A Grande Estagnaçaõ - A Bomba Da Dívida
Betting with Trillions Prison of Debt Paralyzes West By Cordt Schnibben Be it the United States or the European Union, most Western countries are so highly indebted today that the markets have a greater say in their policies than the people. Why...
- Política Monetária Americana
Why did the Federal Reserve lend to banks and other financial institutions during the financial crisis?Intense strains in financial markets during the financial crisis severely disrupted the flow of credit to U.S. households and businesses and led...
- Bancos E Governos
Phillip Bagus explica: "... Today's banks are not free-market institutions. They live in a symbiosis with governments that they are financing. The banks' survival depends on privileges and government interventions. Such an intervention explains...
- O Fim Da Bolha Dos Brics Está Chegando
BRIC Banks Signaling Credit Risks as Loans Sour By Michael Patterson - Jul 31, 2011 8:00 PM GMT-0300Sun Jul 31 23:00:00 GMT 2011 Banks in the biggest emerging markets are losing the confidence of investors as loans...
- A Orígem Da Crise Financeira Global - John Taylor
The author tells how unusually easy monetary policy helped set the crisis in motion, as interest rates at the Federal Reserve and several other central banks deviated from historical regularities. He explains monetary interaction with the subprime mortgage...