I’ve been downright remiss in not continuing to hammer this point, as was my wont months back. Thankfully, this nice oped in this AM’s NYT reminds us that this is still an important intervention to clear the housing market and avoid more mortgage defaults. I wouldn’t agree that there’s no housing recovery—nationally prices are up more… Read more
Last year around this time I posted my ten favorite graphs from my prolific colleagues at the Center on Budget and Policy Priorities. It’s tough to make the cut. If I may be permitted—and I’m bragging on my friends, not me—we at CBPP make a lot of revealing graphs. But I’ve chosen the ones that… Read more
I’m talking about the Federal Housing Administration, over at the NYT Economix blog.
Apropos of nothing other than my constant pursuit of social and economic justice bumping into my constant pursuit of interesting data, here’s a figure I made for a presentation the other day that warrants a broader look. It compares the economic resources of non-whites—mostly blacks and Hispanics—to those of non-Hispanic whites, looking at both median… Read more
I talk a lot, as one should, about market failures. But government failure is unfortunately, increasingly worthy of attention. Over at the NYT Economix blog.