Efforts to blame the banks for the financial crisis are failing because they are not supported by data. The key fact is that, by 2008, before the crisis, half of the 54 million mortgages in the U.S. financial system were subprime and other low-quality mortgages.

The Occupy Wall Street phenomenon is perfectly understandable if we recognize it as an artifact of the conventional narrative about the financial crisis—that it was caused by Wall Street greed and insufficient regulation. If the demonstrators new the truth—that the government's housing policy caused the financial crisis and the subsequent recession—they would be on the Capitol steps.

India’s education policies should encourage private initiative and focus on learning outcomes

When the bubble deflated in 2007, an unprecedented number of weak mortgages went into default - those that were held or guaranteed by Fannie and Freddie, and those that had been securitized by Wall Street. This drove down housing prices and threw Fannie and Freddie into insolvency. 

German taxpayers' strong opposition to a Greek bailout could be a major challenge for Greece as it seeks to resolve its economic crisis.

This book discusses President Bill Clinton's approach to health care industry reform.

It is government's fault for offering a housing finance program without making an effort to maintain underwriting standards.

It's always painful to take on the myths and ideological narratives of the left. The pundits of the liberal (excuse me, "progressive") media make a pretense of listening to reason, but when their views are challenged, they become abusive.