{"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. Hahn\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Hahn, F. R.<\\\/span> (2008). <span>A Primer on Financial System Meltdown. The Economists' View<\\\/span>. <span><em>WIFO Working Papers<\\\/em><\\\/span>, (333). <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/34540\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/34540<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Hahn FR<\\\/span>. <span class=\\\"title\\\"><span>A Primer on Financial System Meltdown. The Economists' View<\\\/span><\\\/span>. <span>WIFO Working Papers<\\\/span>. 2008 Dec;(333).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{5ac4bf8893b240339e82a524865ce8bb,<\\\/div><div>  title    = \\\"A Primer on Financial System Meltdown. The Economists' View\\\",<\\\/div><div>  abstract = \\\"Ideologues are quick to explain the current financial meltdown: it's the markets, stupid. Economists agree but add: it's politics too, stupid. Ideologues agree but counter: first and foremost it's capitalism, stupid. Economists agree but reply: \u00a7\\\\$\\\\%\\\\&amp;?!, stupid. 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The Economists' View<\\\/p><p>AU  - Hahn, Franz R.<\\\/p><p>PY  - 2008\\\/12<\\\/p><p>Y1  - 2008\\\/12<\\\/p><p>N2  - Ideologues are quick to explain the current financial meltdown: it's the markets, stupid. Economists agree but add: it's politics too, stupid. Ideologues agree but counter: first and foremost it's capitalism, stupid. Economists agree but reply: \u00a7$%&amp;?!, stupid. This is where this short paper takes us: it makes an attempt to give a brief overview of the economists' views on the ongoing financial system crisis explaining \\\"\u00a7$%&amp;?!, stupid\\\".<\\\/p><p>AB  - Ideologues are quick to explain the current financial meltdown: it's the markets, stupid. Economists agree but add: it's politics too, stupid. Ideologues agree but counter: first and foremost it's capitalism, stupid. Economists agree but reply: \u00a7$%&amp;?!, stupid. This is where this short paper takes us: it makes an attempt to give a brief overview of the economists' views on the ongoing financial system crisis explaining \\\"\u00a7$%&amp;?!, stupid\\\".<\\\/p><p>KW  - financial regulation<\\\/p><p>KW  - financial system crisis<\\\/p><p>KW  - macroeconomic stability<\\\/p><p>KW  - systemic risk<\\\/p><p>KW  - financial regulation<\\\/p><p>KW  - financial system crisis<\\\/p><p>KW  - macroeconomic stability<\\\/p><p>KW  - systemic risk<\\\/p><p>M3  - WIFO series<\\\/p><p>JO  - WIFO Working Papers<\\\/p><p>JF  - WIFO Working Papers<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A Primer on Financial System Meltdown. 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