by Dan Mitchell | Mar 14, 2026 | Blogs, Monetary Policy
I have three-video primers on price gouging and public choice, so I may as well do the same thing for the 2008 financial crisis (click here for Part I). We’ll start with a video from Peter Wallison, which correctly notes how housing subsidies...
by Dan Mitchell | Jun 7, 2025 | Opinion and Commentary
Originally published by the Washington Examiner on June 3, 2025. Although Fannie Mae and Freddie Mac, two government-backed mortgage giants with a taxpayer-funded safety net, helped crash the economy in 2008, the Biden administration in its final days quietly laid the...
by Dan Mitchell | Apr 23, 2022 | Big Government, Blogs
Looking back on the 2008 financial crisis, it seems clear that much of that mess was caused by bad government policy, especially easy money from the Federal Reserve and housing subsidies from Fannie Mae and Freddie Mac. Many of my left-leaning...
by Dan Mitchell | Aug 3, 2021 | Blogs, Economics, Monetary Policy
I’m not a big fan of the Federal Reserve, mostly because of its Keynesian monetary policy. Incumbent politicians often applaud when the central bank intervenes to create excess liquidity and artificially low interest rates. That’s because the...
by Dan Mitchell | Mar 13, 2020 | Big Government, Blogs
Ten days ago, I shared an interview in which I pointed out that President George W. Bush acquiesced to a flawed narrative about the 2008 financial crisis. Bush and his team basically accepted the assertion of interventionists that it was the fault of “Wall Street...
