Why, once the magnitude of the downturn became clear, weren’t governments eager to step in to return unemployment to normal levels, especially in the absence of higher inflation expectations, upward pressure on prices, or even interest-rate increases that would crowd out private investment spending? And how has the financial industry managed to retain so much political power to block regulatory reform?
随后的衰退应对政策则引发了更多的质疑：在经济下行风险逐渐清晰，但高通胀预期，高物价压力，甚至挤压私人投资支出的利率上调尚未出现的时候，政府为何没能介入并将失业率恢复到正常水平？金融业又何以调动如此庞大的政治力量将监管改革拒之门外？