Our next quiz #6 is on Wednesday at the start of class, from 9:00 to 9:20 a.m. Class begins at 9:20 a.m. Quiz #6 will cover key concepts from our recent two lessons on the global financial crisis of 2008 and responses to it. Please review the following topics: Causes of the crisis: Regulatory failures, securitization practices, Moral Hazard Government responses: Monetary policy (quantitative easing), fiscal stimulus Impossible trinity in international finance Political trilemma in economic globalization