Unformatted text preview: natural and government should not get involved, in particular Bush’s stimulus package, and that market forces will solve the problem. As a supporter of Adam Smith, he would say that the invisible hand would bring the country out of this crisis. Authors like Stiglitz and Scott would say that the industry should have clearly had a higher amount of government regulation....
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- Spring '06
- Subprime mortgage crisis, Subprime lending, Alan Greenspan, sub-prime mortgage crisis