Foreword: The Crisis Without a Face: Emerging Narratives of the Financial Crisis
13 Pages Posted: 8 Feb 2011
Date Written: April 1, 2009
Abstract
This Foreword to a themed volume of the University of Miami Law Review relates the different contributions to the volume to emerging narratives of the financial crisis: monetary policy, deregulation, bad regulation, innovation run amok, and greed. It emphasizes how this crisis has been different from other recent crises because of the lack of a representative face, and how this anonymity has made it more difficult to understand the crisis.
Keywords: financial crisis, securitization, derivatives, narrative
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