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The Trump-Obama Approach on Fannie Mae and Freddie Mac Will Lead to Future...
The 2008 financial crisis was largely the result of bad government policy, including subsidies for the housing sector from Fannie Mae and Freddie Mac. This video is 10 years old, but it does a great...
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Michael Bloomberg, Housing Finance, Race, and the 2008 Crisis
I have Republican friends who don’t trust Michael Bloomberg because he switched parties and Democratic friends who don’t trust him for the same reason. I tell all of them that it’s more important to...
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Trump and the Politics of Coronavirus
Notwithstanding dalliances in other fields, I’m a policy wonk. But I will pontificate (often incorrectly) on politics when asked, which is what happened in this interview about the electoral impact of...
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The TARP Bailout Was the Wrong Response to a Government-Caused Meltdown
Ten days ago, I shared an interview in which I pointed out that President George W. Bush acquiesced to a flawed narrative about the 2008 financial crisis. Bush and his team basically accepted the...
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A Gold Standard vs. the Federal Reserve’s Fiat Money
I’m not a big fan of the Federal Reserve, mostly because of its Keynesian monetary policy. Incumbent politicians often applaud when the central bank intervenes to create excess liquidity and...
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The Economics of Greed
Looking back on the 2008 financial crisis, it seems clear that much of that mess was caused by bad government policy, especially easy money from the Federal Reserve and housing subsidies from Fannie...
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