Friday, August 8, 2014

Housing Market: Government home loan guarantees ensure the misallocation of credit

Yesterday, with special thanks to Matt138, I introduced the writings of Frédéric Bastiat, a 19th century French economist. I always find it interesting when writings from many years ago resonate through the ages as if they were written yesterday. If you’ve never read Plato’s R...
Government home loan guarantees ensure the misallocation of credit




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