In less than twenty-five years, government “affordable housing” and other housing policies have turned a healthy market into a financial ruin. Until Fannie and Freddie’s market dominance and the government’s role in the housing finance system are substantially reduced or eliminated, the United States will continue to have an inferior and unstable housing market.

In the latest Financial Services Outlook, American Enterprise Institute (AEI) housing experts Peter Wallison and Edward Pinto explain how decades of government intervention have gravely harmed America's housing market.

Initiatives to expand regulation of the food industries with the overall goal of increasing competition and commodity prices farmers receive often have the unintended consequence of raising consumer prices and lowering farmers’ prices while reducing the quality and variety of food products available to consumers.

Hires, quits, and layoffs exhibit strong, highly nonlinear relationships to employer growth rates in the cross section. Simple statistical models of these relationships greatly improve our ability to account for fluctuations in aggregate worker flows and enable us to construct synthetic measures of hires, separations, quits, and layoffs back to 1990.

Changes in Social Security policy have reduced the willingness of employers to provide accommodations and rehabilitation and their workers to seek them by making access to DI benefits much easier for workers and failing to make their employers more directly pay for their movement onto the rolls.

Ignoring Deutsche Telekom’s needs, the DOJ and FCC blocked the proposed merger between AT&T and T-Mobile. As a result, an uncompetitive firm is now trapped in a market it wanted to leave.

In November 2011, the OCC, FRB, FDIC, and SEC issued a530 page joint proposal to implement Section 619 of the Dodd-FrankAct (the "Volcker Rule") to bar banking entities and their affiliatesfrom engaging in short-term proprietary trading.