A simple, beginner-friendly explanation of the 2008 financial crisis, what caused it, and the key lessons every investor should understand.

Richard Bookstaber, author of A Demon of Our Own Design, warns today’s financial system faces dangers even greater than 2008./ Image: Institute for New Economic Thinking Bookstaber, who by then had ...

The economy feels uncertain right now. Sweeping trade wars, inflation pressures, sluggish job growth, rising everyday costs — it's contributed to the cautious stance of the Federal Reserve caught ...

AI can reduce the cost of delivering financial services and enable products that are more responsive, more personalized, and more inclusive. It took just 18 months for the 2008 financial crisis to ...

The global financial crisis of 2008 froze the financial system. Banks pulled back credit, families tightened their belts and companies laid off workers. It was a frightening time for everyone, and an ...