{"id":112312,"date":"2024-01-22T17:34:02","date_gmt":"2024-01-22T16:34:02","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/112312\/"},"modified":"2024-11-07T04:03:28","modified_gmt":"2024-11-07T03:03:28","slug":"a-primer-on-financial-system-meltdown-the-economists-view","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/112312\/","title":{"rendered":"A Primer on Financial System Meltdown. The Economists' View"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-112312","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Ideologues are quick to explain the current financial meltdown: it&apos;s the markets, stupid. Economists agree but add: it&apos;s politics too, stupid. Ideologues agree but counter: first and foremost it&apos;s capitalism, stupid. Economists agree but reply: \u00a7$%&amp;?!, stupid. This is where this short paper takes us: it makes an attempt to give a brief overview of the economists&apos; views on the ongoing financial system crisis explaining &quot;\u00a7$%&amp;?!, stupid&quot;.","onlinedate":"2008-12-01 01:00:00","lang":"English","publication_series":"","publication_date":"20081201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"16","keywords":"[\"financial regulation\",\"financial system crisis\",\"macroeconomic stability\",\"systemic risk\"]","jelcodes":"[]","related_publications":"[]","pdf":332276,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"333","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44410],"research_groups":[3500],"collaboration":"","persons":[3925],"persons_data":"[{\"personId\":3925,\"personName\":\"Franz R. 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