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The Ethos of Economics with John Cogan and Kevin Warsh | Peter Robinson | Hoover Institution

Uncommon Knowledge

CHAPTER

What Happened on Wall Street?

In 2008, Bear Stearns and Lehman Brothers failed on Wall Street. The recession that follows proves the worst since the Great Depression. President George W. Bush in December 2008 said he'd abandoned free market principles to save the free market system. Now we come to the one that we're just coming out from under: COVID lockdown.

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