Alan Greenspan, Milton Friedman, and Larry Summers, in that order, have been judged the economists most responsible for causing the Global Financial Crisis. The 7,500 voters at the Real World Economics Review blog have thus bestowed on them the Dynamite Prize in Economics.
I voted for Greenspan, but my other selections of Eugene Fama and Robert Lucas earned the 5th and 7th places.
They are now taking nominations for the Revere Award in Economics, which “will be awarded to the 3 economists who saw the GFC coming, and whose work is most likely to prevent another GFC in the future.”
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