Wednesday, April 02, 2008
ECON 365: Links on Financial Mess
Background on housing market:
A nice graphical explanation of housing prices through last June.
Here's the change in prices over the past year in several metro areas:
The wikipedia entry on the subprime crisis.
Alan Blinder on 6 sources of the mortgage mess.
The subprime primer.
The Credit Crisis
David Leonhardt's explanation.
Steve Waldman's explanation.
Tyler Cowen's discussion.
Defending the bailout of Wall St.
Bailouts should have consequences.
Mark Thoma's view of the moral hazard/regulation tradeoff.
Description of what intervention needs to achieve.
Alan Blinder explains (and endorses) the Dodd -Frank plan. Robert Samuelson doesn't like it.
The Treasury Plan.
Comments on the treasury plan: One, two, three, four, five, six
Economic advisers for each candidate offer their prescriptions.
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