Browsing by Author "Murphy, Austin"

Now showing 1 - 2 of 2
  • Thumbnail Image
    Item
    An Analysis of the Financial Crisis of 2008: Causes and Solutions
    (Oakland University, 2009-10-01) Murphy, Austin; Folland, Sherman T.
    The financial crisis in 2008 is of such epic proportions that even astronomical amounts spent to address the problem have so far been insufficient to resolve it.
  • Thumbnail Image
    Item
    Update on the Financial Crisis of 2008 to ???
    (Oakland University, 2012-01-01) Murphy, Austin; Cole, Natalie B.
    In an earlier paper in this journal (Murphy, 2009), I explained the nature of the financial crisis of 2008 and how the effects of it would be very costly longterm because of the failure of government policies to deal with it effectively. Here I provide an important update and perspective for the future.