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:
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?
And another forum at USC. [HT Richard’s Real Estate and Urban Economics Blog]