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October 18, 2008 · 8:55PM

OPINION: Three Trends and a Train Wreck

Economist Tyler Cowen of George Mason University explains that while it is tempting to blame specific politicians and executives for the financial crisis, its three fundamental causes were new wealth, greater risk-taking and a blindness to new forms of systematic risk. (NYT)

Categories: Business & Finance Today · Financial Services · Markets, Economic News

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