Category: Week 15: Great Recession
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The Shock of the Great Recession
When the Great Recession began to embed itself in the fabric of our economy, conservative values that had guided economic…
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Finance
The Obama administration response was conservative consensus. Though it launched the largest fiscal stimulus in U.S. history and advocated for…
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At This Point, Are You Really Surprised There Was An Underlying Face Behind The Economic Recovery?
After the 2007–2008 financial crisis, it felt like something had to change. Not just in terms of fixing the economy,…
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The Great Recession
I believe that the Obama administration’s response to the economic recession represented a departure from the conservative consensus. Obama’s administration…
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The Great Recession
The Great Recession of 2007–2008 was a massive economic crisis that revealed how flawed some of the concepts behind U.S.…
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Illusion of Stability
In Ages of American Capitalism, Jonathan Levy provides a sweeping explanation of the Great Recession, arguing that it was not…
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Liquid and Illiquid Assets: The Bane of Banks
Before the Great Recession of 2007-08, both the United States and the global economy were tied to an economic system…
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The Fall of Lehman Bros. and the 2008 Recession
Once Lehman Brothers filed for bankruptcy, the facade that the banking industry showed the world cracked and subsequently shattered. The…
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Obama’s Response to the Great Recession
The Great Recession of 2007–2008 marked one of the most significant economic downturns in modern history, shaking the foundations of…
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Barack Obama’s Administration: Continuation of Conservative Consensus?
The Great Recession of 2007-2008 did indeed shake many of the central tenants of the conservative consensus as this consensus…