December, 2009
Federal Reserve Policy and the Housing Bubble
Lawrence H. White
Distinguished Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics
Contact us
To speak with a scholar or learn more on this topic, visit our contact page.The U.S. housing bubble and the fallout from its bursting are not the results of a laissez-fairemonetary and financial system. They happened in an unanchored government fiat monetary system with a restricted financial system.
Read the full article at Cato.org.
Citation (Chicago Style)
White, Lawrence H. 2009. "Federal Reserve Policy and the Housing Bubble" Cato Journal 29 (Winter 2009): 115-125.
Two Plus Two is Four: Connect the Dots
Scott Sumner