Most people think that banking deregulation caused the financial crisis. But, this is only looking at part of the cause, and a superficial proximate one at best. This paper describes in detail how the government was the root cause of this crisis. If we actually had a true free market, we wouldn’t have huge systemic financial crises, although we could still have occasional small recessions. Don’t just read the summary, scroll down and download the full pdf report. Link below.