The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

Saturday, September 15, 2018

Don't Be Fooled, There Was Nothing 'Financial' About the 2008 Crisis | RealClearMarkets

The 10-year anniversary of the 2008 financial crisis has unsurprisingly unearthed all manner of retrospectives on what happened, why it happened, and how what happened can be avoided in the future.  Most don’t ring true.  This essay will correct some of the myths about the run-up to 2008, while concluding that there was nothing “financial” about the ’08 crack-up. 



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