Collapse of global financial markets


Problem:

The conventional wisdom says the 1999-2006 residential real estate "bubble" in the U.S. and the subsequent collapse of global financial markets were caused by a failure of the free market. What's wrong with that assertion?

Essays must written in English. Essays should be titled and must be double-spaced in 12-point type (preferably Times New Roman) and should follow standard essay format. Nonfiction only. Citations should be integrated into the text. No endnotes or bibliographies. When citing a web-based article or work, the author must be careful to ensure the accuracy of the link.

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