Economic Crisis Causes
Peter discusses the collapse of standards leading to the economic crisis, emphasizing the importance of microeconomic explanations over irrational exuberance theories. Russ highlights the impact of credit crunch on loan accessibility and the challenges in interbank lending during the crisis.In this clip
From this podcast

EconTalk
Peter Boettke on the Austrian Perspective on Business Cycles and Monetary Policy
Related Questions
What caused the 2008 financial crisis as discussed in the episode Russ Roberts on the Crisis and the clip Uncovering the Mortgage Market?
What caused the 2008 financial crisis as discussed in the episode Russ Roberts on the Crisis and the clip Uncovering the Mortgage Market?
How did the financial crisis happen?