Hillinger, Claude (28. Oktober 2008): How to deal with the US financial crisis at no cost to the taxpayer. Münchener Wirtschaftswissenschaftliche Beiträge (VWL) 2008-21




I discuss briefly the crisis itself and then give some criteria that should be used in evaluating any policy proposed o deal with it. This is followed by a critical discussion of some of the policy measures that have been suggested. Finally, I give a list of proposals, that I believe best satisfy the stated criteria. In contrast to almost all of the proposals that have been made, mine involve no bailout of the financial sector with public funds.