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Larry Summers: neo-Keynesian aristocrat

MEDIA CLIPPING

The Economist

Larry Summers: neo-Keynesian aristocrat

Pete Boettke and Steve Horwitz are cited in The Economist on the rule regulation played in creating the Great Recession.

As economists Peter Boettke and Steven Horwitz have pointed out in a lucid short paper on the causes of the "Great Recession", between 1980 and 2009, four new regulatory policies were imposed on the financial sector for each regulatory policy lifted. It's simply inaccurate to describe this period as an era of deregulation.