He Got His Wish
Posted in Economists, Money on Aug 18th, 2010
I was just reading an excerpt from Joseph Stiglitz’s The Roaring Nineties. In it, Stiglitz makes his usual argument that market failures are everywhere and that wise government policy can and has stepped in to the rescue. An illustration he uses is that during the 1930s when Fannie Mae was organized by the government, it […]