Nobel laureate Joseph Stiglitz writes on the economic firestorm that has engulfed us:-
Behind the debate over remaking U.S. financial policy will be a debate over who’s to blame. It’s crucial to get the history right, writes a Nobel-laureate economist, identifying five key mistakes—under Reagan, Clinton, and Bush II—and one national delusion.
I found the article most informative. There are some useful lessons on governance which can be gleaned from the article.