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The Subprime Turmoil
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| Posted: Thursday, October 2, 2008 |
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The American financial system, if it remains true to its history, will adapt and innovate its way back to profitability and high stock prices sooner than is suggested by current dire predictions.
[Full Story]
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The Last Trillion-Dollar Commitment
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| Posted: Tuesday, September 30, 2008 |
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The government takeover of Fannie and Freddie was necessary because of their massive losses on more than $1 trillion of subprime and Alt-A investments.
[Full Story]
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Blame Fannie Mae and Congress for the Credit Mess
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| Posted: Tuesday, September 23, 2008 |
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Without government encouragement, banks would never have offered such dodgy loans.
[Full Story]
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Resistance Is Futile
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| Posted: Monday, September 22, 2008 |
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It is not progress to move toward a one-size-fits-all financial system based entirely on behemoth universal depository banks.
[Full Story]
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The Foreclosure-House Price Nexus
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| Posted: Tuesday, September 9, 2008 |
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Home prices are quite sticky, and fears of a major fall in house prices, with all of its attendant negative macroeconomic consequences, typically are not warranted even in extreme foreclosure
[Full Story]
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Housing Collapse Ahead?
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| Posted: Monday, August 4, 2008 |
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Most Americans have not experienced any significant decline in the value of their homes, nor are they likely to.
[Full Story]
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Preserving Slave Families for Profit
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| Posted: Wednesday, September 3, 2008 |
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Data from the New Orleans slave market reveal large price discounts for families that cannot be explained by scale effects, childcare costs, legal restrictions, or transport costs.
[Full Story]
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The Regulatory Record of the Greenspan Fed
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| Posted: Thursday, June 26, 2008 |
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The Fed's role in banking regulation, or financial regulation, is not well understood.
[Full Story]
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Not (Yet) a 'Minsky Moment'
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| Posted: Wednesday, October 10, 2007 |
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Despite recent economic disruptions, there is still little reason to believe a full-on recession will result.
[Full Story]
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A Raw Deal
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| Posted: Tuesday, October 2, 2007 |
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Amity Shlaes' The Forgotten Man is useful in understanding the Great Depression, New Deal, and serious policy errors of the time.
[Full Story]
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| Total Records: 72 |
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