The Crisisof2008: Structural Lessons for and from Economics*

• cours - matière potentielle : action

The Crisis of 2008: Structural Lessons for and from Economics Daron Acemoglu MIT January 11, 2009 We do not yet know whether the global …nancial and economic crisis of 2008 will go down in history as a momentous or even uniquely catastrophic event. Unwritten history is full of events that contemporaries thought were epochal and are today long forgotten. And on the other side of the scale, there were many in the early stages of the Great Depression that belittled its import.

• …nancial industry
• unregulated markets—
• cient working of markets
• intellectual endowment
• ing market transactions
• potential domino e¤ects
• aggregate productivity
• political economy
• economic growth