Megan McArdle calls this “Housing Insanity:”
If you want to know why us libertarian types are skeptical of the government’s ability to prevent housing market bubbles, well, I give you Exhibit 9,824: the government’s new $1000 down housing program.
No, really. The government has apparently decided, in its infinite wisdom, that what the American economy really needs is more homebuyers with no equity.
I don’t even have a T-shirt to show for it! The very first Bluetooth Headset I had (a Motorola HS280) was so […]
Dan Danner of The Wall Street Journal takes on the 1099 mandate in a recent opinion piece: Adding insult to injury, the […]
Leonard Read’s classic economics essay “I, Pencil“ tells the story of a simple pencil. By tracing the far flung and complex origins […]
The bloggers at Samizdata are singularly unimpressed with the UK’s new prime minister, Conservative David Cameron, and his middle of the road […]
