Economists Robert Kuttner and Paul Krugman have supported the contention that the repeal of the Glass–Steagall Act contributing on the subprime meltdown[23][24] Though Krugman reversed himself several decades late saying that repealing Glass-Steagall is "not what induced the money crisis, which arose rather from 'shadow banks.The riskier the belo
This paper has long been criticized as remaining dependent a logical fallacy: that promises to "show causality" are "not possible specified their methodology". Additionally it had been criticized for not contemplating an alternate explanation: "that financial institution officers deliberately make undesirable loans."[fifteen]"Alice M. Rivlin, who s
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