Bad History, Worse Policy: How a False Narrative about the Financial Crisis Led to the Dodd-Frank Act

In his new book, Peter Wallison argues the Dodd-Frank Act was the result of a false narrative about the 2008 financial crisis, blaming the crisis on the private sectors when in fact it was caused by the US government’s housing policies. This was not harmless error; the act will suppress economic growth, hinder competition among financial institutions, and foster crony capitalism.

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Authors:	Wallison, Peter J.
Institutions:	American Enterprise Institute
Subject:	Volcker Rule \| US financial crisis \| Fannie Mae and Freddie Mac \| Dodd-Frank Act \| CFPB \| American taxpayers

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Extent:	text/html
Series:	Books.
Type of publication:	Book / Working Paper
Classification:	A - General Economics and Teaching ; G - Financial Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010842169