By Sandy Ikeda
Last week I spoke to a standing-room-only crowd of students and faculty about the current economic and financial turmoil. I shared the podium with three of my colleagues, who range all the way from far to the left of Barack Obama to very, very far to the left of Barack Obama. Needless to [...]
Wow! This market is a mess.
As a great follow up to his posts at CafeHayek on government’s intervention in the housing market, Russell Roberts discusses the situation and bailout with reason.tv:
Also…
Here’s the video from an Economics forum discussion at MIT (my Alma mater) on Wednesday: The US Financial Crisis What Happened? What’s Next? [...]
Ed Glaeser gives three compelling reasons why the government should end their infatuation with high housing prices. (Nonetheless, some of the same politicians speak through the other side of their mouths about promoting housing affordability):
Why We Should Let Housing Prices Keep Falling
There is a superficial attractiveness to policies that seem to promise an end [...]
The New York Sun has decided to close up shop. To Market Urbanists, the greatest casualties are Sandy Ikeda’s blog, Culture of Congestion and Ed Glaeser’s articles. Sandy’s work has inspired me to read Jane Jacobs’ books (starting with The Death and Life of Great American Cities), and I plan to post some of my [...]
Russell Roberts of George Mason University, CafeHayek, and Econtalk wrote of series of Cafe Hayek posts on the various federal interventions in the housing market:
Housing markets without the benefit of hindsight
Fannie reaches its goals–sort of
Zero Down!
Fannie and Freddie’s other mission
Section 8
Bill cared too
Affordable equals “subprime”
Calm down
And don’t forget Andrew Cuomo
Shiller and fundamentals
The role of [...]
J. Brian Phillips wrote a great post at Houston Property Rights about liberal property rights in Houston, but what Brian had to say applies to every place. Here’s a snippet, but the entire post deserves a reading:
when developers and builders see a need for greater density, they respond accordingly. And they can respond relatively [...]
Shiller on Housing and Bubbles
Robert Shiller of Yale University talks with EconTalk host Russ Roberts about the current housing mess and related financial market problems. Shiller argues that the decade-long run up in housing prices was a bubble where speculative fervor outweighed any economic fundamentals. He also discusses the genesis of the Case-Shiller housing price [...]
While I sympathize with the theme and agree with regards to roadway spending and “conservative” hypocrisy, a recent article in the progressive The American Prospect takes a narrow-minded view of politics and urbanism, while throwing around broad generalizations about evolution and global warming to support their assertions:
The Conservative Case for Urbanism
In fact, one doesn’t have [...]
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