Wray, L. Randall (contributor) - 2008
systematically underprices risk - has resulted in a series of boom-and-bust cycles in equities, real estate, and commodities. Because … a prolonged recession. In this new public policy brief, Senior Scholar L. Randall Wray shows how money manager … change the structure of our economic system, break the cycle of booms and busts, and reduce the influence of managed money …