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Archive for the ‘Economy’ Category

Fannie and Freddie: a problem, not the problem

The FT reports today that two Republicans in the House, Darrell Issa and Jim Jordan, have called for an investigation into the use of US government funds to bail out Fannie Mae and Freddie Mac, the two mortgage companies that were taken into government “conservatorship” in September 2008. The congressmen’s call comes in response to treasury […]

A deserter in the battle of ideas

Thumbnail : A deserter in the battle of ideas

In his new book, heavyweight economist Joseph Stiglitz imagines he is making a profound contribution to the debate about the recession. In truth he offers only shallow and rehashed arguments. Read my review of Freefall by Joseph Stiglitz, in the spiked review of books, in full here.

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