Stiglitz: The Lessons of the U.S. Crisis for Economic Theory & Policy


http://bit.ly/11oRuJT @24:41

The Lessons of the North Atlantic Crisis for Economic Theory and Policy
http://bit.ly/124q7VV

“When a bank extends a loan, it creates a deposit account, increasing the supply of money.”

Towards a New Paradigm in Monetary Economics (2003)
http://amzn.to/106KLsd
http://bit.ly/11acZOq

Banks as Social Accountants and Screening Devices for the Allocation of Credit
http://bit.ly/15YAlNH http://www.nber.org/papers/w2710

http://bit.ly/124q7VV

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