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# Winter 2009 

Vol. 29 No. 1 

Lessons from the Financial Crisis

##### Articles 

#### [Editor’s Note ](/cato-journal/winter-2009/editors-note)

By [James A. Dorn](https://www.cato.org/people/james-dorn) 

#### [Bailout or Bankruptcy? ](/cato-journal/winter-2009/bailout-or-bankruptcy)

By [Jeffrey Miron](https://www.cato.org/people/jeffrey-miron) 

#### [Origins of the Financial Market Crisis of 2008 ](/cato-journal/winter-2009/origins-financial-market-crisis-2008)

By Anna. J. Schwartz 

#### [Reflections on the Financial Crisis ](/cato-journal/winter-2009/reflections-financial-crisis)

By Allan H. Meltzer 

#### [Monetary Policy and Asset Prices Revisited ](/cato-journal/winter-2009/monetary-policy-asset-prices-revisited)

By Donald L. Kohn 

#### [Asset Prices and Monetary Policy ](/cato-journal/winter-2009/asset-prices-monetary-policy)

By Otmar Issing 

#### [What Lessons Can We Learn from the Boom and Turmoil? ](/cato-journal/winter-2009/what-lessons-can-we-learn-boom-turmoil)

By Jeffrey M. Lacker 

#### [Financial Innovation, Regulation, and Reform ](/cato-journal/winter-2009/financial-innovation-regulation-reform)

By Charles Calomiris 

#### [Bad Rules Produce Bad Outcomes: Underlying Public-Policy Causes of the U.S. Financial Crisis ](/cato-journal/winter-2009/bad-rules-produce-bad-outcomes-underlying-public-policy-causes-us-financial)

By [Bert Ely](https://www.cato.org/people/bert-ely) 

#### [Federal Reserve Policy and the Housing Bubble ](/cato-journal/winter-2009/federal-reserve-policy-housing-bubble)

By [Lawrence H. White](https://www.cato.org/people/lawrence-white) 

#### [The Case for Policy Sustainability ](/cato-journal/winter-2009/case-policy-sustainability)

By Wolfgang Munchau 

#### [Moral Hazard in the Policy Response to the 2008 Financial Market Meltdown ](/cato-journal/winter-2009/moral-hazard-policy-response-2008-financial-market-meltdown)

By Andrew A. Samwick 

#### [Moral Hazard and the Financial Crisis ](/cato-journal/winter-2009/moral-hazard-financial-crisis)

By [Kevin Dowd](https://www.cato.org/people/kevin-dowd) 

#### [Money and the Present Crisis ](/cato-journal/winter-2009/money-present-crisis)

By Gerald P. O’Driscoll Jr. 

#### [Interest-Rate Targeting during the Great Moderation: A Reappraisal ](/cato-journal/winter-2009/interest-rate-targeting-during-great-moderation-reappraisal)

By Roger W. Garrison 

#### [The Way Forward: Incentives, Not Regulations ](/cato-journal/winter-2009/way-forward-incentives-not-regulations)

By [William Poole](https://www.cato.org/people/william-poole) 

##### Book Review 

##### [*After War: The Political Economy of Exporting Democracy* by Christopher J. Coyne](/cato-journal/winter-2009/after-war-political-economy-exporting-democracy-christopher-j-coyne)

By Gregory M. Dempster 

##### [*Capitalism at Work: Business, Government, and Energy; Book 1 of Political Capitalism (A Trilogy)* by Robert L. Bradley, Jr.](/cato-journal/winter-2009/capitalism-work-business-government-energy-book-1-political-capitalism)

By [Richard L. Gordon](https://www.cato.org/people/richard-gordon) 

##### [*On the Contrary: Leading the Opposition in a Democratic South Africa* by Tony Leon](/cato-journal/winter-2009/contrary-leading-opposition-democratic-south-africa-tony-leon)

By [Marian L. Tupy](https://www.cato.org/people/marian-l-tupy) 

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