Homo economicus?
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چکیده
The current financial and economic crisis is the worst since the stock-market crash of 1929. As with every complex phenomenon, a mixture of causes have been put forward: the housing-market bubble, risky mortgage loans, ‘toxic’ financial products, high personal and corporate debts, inaccurate credit ratings, and much more. The shockwaves have spread so rapidly and hit so hard that entire banking systems have collapsed, turning once wealthy countries into debtors that need to be saved by loans from other nations or the International Monetary Fund; Iceland being the most visible example.
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