Max's Reviews > A Failure of Capitalism: The Crisis of '08 and the Descent Into Depression

A Failure of Capitalism by Richard A. Posner
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's review
Jun 05, 2009

really liked it
Read in June, 2009

This was a concise, intelligent account of the financial crisis, followed by a lucid analysis of the crisis. The overall judgment, more or less, is that no one was really "at fault" for the crisis, but that the market failures that caused this crisis are inherent in markets and that perhaps better regulations are needed.

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