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revocer t1_jcb336n wrote

There are various economic schools out there, Neoclassical, Keynesian, Chicago, Austrian, and more. How do each view the reason and the solution to SVB?

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politico OP t1_jcb6ugi wrote

I'm not sure any of them have much to say at all! Those schools have strong macro theories, but little to say about financial dynamics and bank balance sheets. This was a lesson we very much learned in 2008 and are still grappling with. - Steven

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revocer t1_jcbeg20 wrote

Would they have something to say about the approaches of government intervention?

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politico OP t1_jcbf0l0 wrote

they have different views about the effectiveness of govt intervention, but again the schools really only speak to macroeconomic interventions

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[deleted] t1_jceqv6g wrote

[removed]

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revocer t1_jcgba15 wrote

This is r/IAmA. In the OP, it said, “Ask Us Anything.”

That’s why.

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