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Study Questions lv 12/6 (Inside Job, Cassidy, ch.18-23, 221-234, 268-270, 285-88, 299-316. Some familiarity with these events is assumed. If you have none, read all

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Study Questions lv 12/6 (Inside Job, Cassidy, ch.18-23, 221-234, 268-270, 285-88, 299-316. Some familiarity with these events is assumed. If you have none, read all of ch.18-22) 21. Who or what was responsible for the global financial meltdown of 2008? What would you have done differently if you were one of the decision makers? 22. How would you explain Bernanke's failure to see a housing bubble before the crash? 23. How does Cassidy's portrayal of the economic crisis differ from Inside Job? In what ways is it the same? Point to specific passages in the film in your answer. 24. What can we learn about economic theory from the way the crisis was handled? What can we learn about the relationship between capitalism and the state

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