Posts Tagged ‘housing bubble’

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    How Not To Price a House

    Aug 31, 10 • 215 Views • Behavioral Economics, Demand, Supply, and Markets, Households1 Comment

    Let’s assume you would like to sell your house. According to Wired journalist Jonah Lehrer, the price you select might not be optimal. Why? Because we like to avoid losing money. (Of course, you might say, that is obvious. But an economist would suggest

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    Is Fannie Mae Your Friend?

    Jun 15, 10 • 165 Views • Economic Thinkers, Financial Markets, HouseholdsNo Comments

    I was surprised to hear that when Fannie Mae was created in 1938 as a federal agency, a part of her mission was to move money. At the time, because of the 1927 McFadden Act, interstate banking was prohibited. As a result, there could be (and was) insufficient

  • Recent Black Swan Events

    Feb 2, 10 • 269 Views • Thinking EconomicallyNo Comments

    Thinking about probable new financial regulation, I remembered Nassim Nicholas Taleb