Tyler Cowen offers his non-Keynesian take on the recession, applying the theory he lays out in Risk and Business Cycles (recommended for all economics graduate students, but master Snowdon and Vane first).
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Risk, fat tails, and business cycles
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Tyler Cowen offers his non-Keynesian take on the recession, applying the theory he lays out in Risk and Business Cycles (recommended for all economics graduate students, but master Snowdon and Vane first).