All Posts Tagged With: "home ownership"
Shakedown: The Continuing Conspiracy against the American Taxpayer
Politics has one feature that sets it apart from all sorts of voluntary action: It employs coercion. Politicians can raid the wallets of taxpayers, forcing them to part with money they would rather spend, donate, or invest according to their own desires. Much of the money thus confiscated is then spent to succor special-interest groups [...]
22Jun2011 | George C. Leef | 5 comments | ContinuedSubsidizing More College Students Won’t Help the Economy
Governments in the United States subsidize college education heavily. State universities charge students very low tuition rates, and the federal government has a host of grant and loan programs designed to make college affordable to most families. (As politicians make those programs more generous, schools have spent more and raised tuitions, thus creating an upward [...]
29Jun2010 | George C. Leef | 7 comments | ContinuedFinancial Fiasco: How America’s Infatuation with Homeownership and Easy Money Created the Economic Crisis
Free-market greed stands accused of undermining the world financial system, but that is a mistaken analysis, writes Johan Norberg. The Swedish author made famous by his book In Defence of Global Capitalism is back to provide an explanation for the current financial crisis. Many factors led to the global financial fiasco, Norberg writes, including a [...]
20May2010 | Waldemar Ingdahl | 20 comments | ContinuedBailing Out Statism
The key to understanding the saga of Fannie Mae and Freddie Mac—the recently nationalized twin government-sponsored enterprises (GSEs) that dominate home financing—is this: They were set up—intentionally—to distort the housing and mortgage markets. Government planners were not content to let voluntary exchange and spontaneous market forces configure those industries unmolested. So—holding the taxpayers hostage—they intervened. [...]
20Jan2009 | Sheldon Richman | 12 comments | ContinuedNationalization of the Mortgage Market
Breaking down the mortgage market breakdown and how it’s all the government’s fault.
1Dec2008 | Robert P. Murphy | 7 comments | Continued-
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