Book notes: The Great Recession: Market Failure or Policy Failure?

The Great Recession by Robert L Hetzel

Robert L Hetzel, The Great Recession: Market Failure or Policy Failure?, Cambridge University Press, 2012, 384 pages

This is a hugely important book that should be read by all central bankers, bank supervisors, politicians and newspaper editors. It probably won’t be, because it contradicts the firmly held views of most of them. That is a great tragedy because Robert Hetzel makes a strong case that much of the policy reaction to the ongoing ‘Great Recession’ is not only unproductive, it is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: