... of, 15 2, 16 4stabilizing housing market, 210 visible hand of, 16 5, 18 2, 19 4, 210 – 211 Government intervention, 17 0, 19 1, 19 4Great Depression, 14 3, 16 4, 17 0, 18 1 18 3Great Inflation, 22, 83, 17 0Great ... orthodoxy on the eve of, 16 1 17 6essential elements of, 14 9 15 1global policy risks in the aftermath of, 205– 215 response to, 1 2roots of, 207seeds of, 5 of 2009, 10 4 10 5Bernanke on, 18 9in financial ... 98housing bubble, 12 3 13 7, 18 5investment bubbles, 10 8 11 0recession as consequence of burst, 15 1technology, 10 7 11 9Budget surplus (20 01) , 19 8–202Buffett, Warren, 214 Bush, George W., 18 2Business...