Arnold Kling, Nick Schulz, Joseph Minarik, and Peter Wallison discuss the likelihood of a sovereign debt crisis occurring in the United States. Their discussion is based on a recent symposium hosted by Econ Journal Watch and Mercatus.
Arnold Kling, Garett Jones, and Reihan Salam discuss the possible outcomes of a sovereign debt crisis in the United States. Their conversation is based upon a symposium by Econ Journal Watch and Mercatus on the same topic.
What really caused the housing bubble and how did that lead to the crisis? If the crisis was the result of many mistakes, how should we go about thinking about what kinds of mistakes were made and who is really at fault?