Our Economic Times: Popular Misconceptions of the Financial Crisis and the U.S. Recession

This news article was published in Savannah Morning News.

Deeply understanding the causes and consequences of the global financial crisis and subsequent economic collapse is no easy task. Yet many have pontificated over this issue at the expense of the facts. Even though there is no immediate panacea to our anemic economic recovery, there are frequently misunderstood issues relating to our market turmoil that have the potential to underscore policy moving forward. Of all the misconceptions, perhaps the most commonly espoused has concerned the catalysts of the crisis...