http://archive2.mrc.org/taxonomy/term/13528/all en http://archive2.mrc.org/articles/ucla-economist-fundamentals-looked-good-bailout-talk-caused-panic <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/paul-detrick">Paul Detrick</a> </div> </div> </div> <p >     "Periods of crisis often beget bad policies," Lee E. Ohanian, an economist at the <st1:placetype w:st="on">University</st1:placetype> of <st1:placename w:st="on">California</st1:placename>, <st1:place w:st="on"><st1:city w:st="on">Los Angeles</st1:city></st1:place> (UCLA) said. In an <a href="http://reason.tv/video/show/593.html" />interview</a> with Reason.tv, the professor stressed that six weeks ago the fundamentals of the economy looked “pretty good,” before bailout “rumors” caused “panic.” </p><p><a href="http://archive2.mrc.org/articles/ucla-economist-fundamentals-looked-good-bailout-talk-caused-panic" target="_blank">read more</a></p> Articles MRC Business Economy Bailout BenBernanke economicfundamentals FDR GDP HenryPaulson LeeOhanian lending mortgage NewDeal Productivity ReasonTV Recession roosevelt Subprime UCLA WallStreet Mon, 03 Nov 2008 19:08:15 +0000 admin 25804 at http://archive2.mrc.org