Posts Tagged ‘ Martin Feldstein ’

Housing Incoherence

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May 13, 2008

From the New York Times: Earlier this year, Mr. Bush derided a modest plan to provide $4 billion to states and localities to buy foreclosed properties, saying that buying up empty homes helps only “the lenders or the speculators.” Actually, it protects entire neighborhoods and local economies from the effects of foreclosures by preventing...
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Martin Feldstein on the Economy, Credit Markets and Economic Risk

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February 21, 2008

Martin Feldstein, stepping down from heading up the National Bureau of Economic Research since 1977, has piece in the Wall Street Journal that is rather pessimistic about the economic outlook. More tellingly he thinks the recession, if it occurs (and like me, he suspects it has already begun) will be more difficult to stimulate...
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