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Stock Investing > Organizations and Markets

It Was Only a Matter of Time . . .

| Mon, 12/29/2008 - 11:30am | economic theory |  1 comment

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| Peter Klein |  . . . before someone blamed the financial crisis on agency theory. Sure enough, Raymond Fisman and Rakesh Khurana trace the source of the current mess not to expansionary monetary policy, or lax underwriting standards, or implicit (now explicit) government guarantees
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