Should Governments be Intervening in the Credit Crunch?

Number of Pages 19

A global recession started in 1007 that developed into a ‘credit crunch’. The reaction of many governments has been to intervene; lending money to banks, nationalizing firms and increasing money supply. The writer looks at this from an economic perspectives and considers how the actions can be seen in line with classical economic theory. Twenty-five sources are cited in this nineteen page paper.


File: TS14_Te20078credit.rtf


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