What are the endogenous developments in the financial system that have led to the 2007-09 financial crisis?.
Use these as refrences Acharya V. et al. ,2009, “A Bird’s-Eye View. The Fc of 2007-09: Causes and Remedies”, in V. Acharrya and M. Richardson, eds., Restoring Financial Stability. How to Repair a Broken System, NY: Wiley and Sons. Wray, R. 2009, “The rise and fall of money manager capitalism: a Minskian approac”, Camb. J. Econ. (2009) 33 (4). Palley, T. 2010, “The Limits of Minsky’s Financial Instability Hypothesis as an Explanation of the Crisis”, Monthly Review http://monthlyreview.org/2010/04/01/the-limits-of-minskys-financial-instability-hypothesis-as-an-explanation-of-the-crisis/