Where are all those free-market economists who caused the financial crisis? [Good Life series]

A common meme about the financial crisis blames it on capitalism run amok and holds the rise of free-market fundamentalism among economists responsible for unleashing the greed. Academic economists, the argument runs, are largely free-marketers, and they convinced politicians to deregulate important swathes of the American economy, and the unbridled capitalists then engaged in a […]

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